If you identify a discrepancy between the information you gather while carrying out your regulatory obligations and the information held at Companies House, you must report that discrepancy to Companies House or HMRC.
What is the PSC register?
A person with significant control (PSC) is someone who owns or has significant control over a company. It can be more than one person.
Companies who file their details at Companies House must record details of PSCs on the PSC register.
What does your firm need to do?
You need to have policies and procedures in place to record and report any identified discrepancies for all new business relationships.
Common discrepancies
- Name
- Nature of control
- Date of birth
- Nationality
- Country of residence
- Correspondence address
- Notified date
Resources to support compliance
Read the report
Read our 2021/22 anti-money laundering supervision report for more detail on the results of our monitoring reviews, the outcomes of those reviews and enforcement action taken. The report also summarises all of our anti-money laundering supervisory activity during the period.