Clifford Chance

The PSC Register: New Disclosure Requirements for Insurers

16 March 2016

Insurance companies and their shareholders are already subject to disclosure requirements in relation to those persons who have acquired, or propose to acquire a significant level of control over an insurance company. From 6 April 2016 these requirements will be extended when all UK incorporated companies (that are not exempt) and LLPs will need to keep a register of people with significant control over them (the "PSC Register").

Please see our briefing paper "The PSC Register Requirements: A Practical Guide for Corporates" for more details on the specific PSC Register requirements and below for what these new requirements mean for insurers.

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