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UK and EU corporate update: PSC significant influence/control guidance, FCA Handbook changes, MiFID/MiFIR transparency manual, key insolvency rulings, and UK public offers regime - week of 8 January 2026

Published on: 08 January 2026

Published by a LexisNexis Corporate expert
Legal News
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Company disclosures, records and registers

DBT publishes draft statutory guidance clarifying ‘significant influence or control’ for PSCs in companies and LLPs

In January 2026, the Department for Business and Trade issued two draft statutory guidance papers on the concept of ‘significant influence or control’ for the purposes of the Register of People with Significant Control (the PSC register) regime under schedule 1A to the Companies Act 2006. One sets out what amounts to significant influence or control in relation to companies, and the other does so for limited liability partnerships (LLPs). Both drafts are to be laid before Parliament for 40 days, during which either House may resolve that approval should not be granted. See: LNB News 06/01/2026 16...

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