Learning the lessons from the UK’s public beneficial ownership register
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Publication type
Briefing
Publication
Country focus
United Kingdom of Great Britain and Northern Ireland
Sections
Implementation,
Research
Open Ownership Principles
Central register,
Access
Summary
In 2016 the UK became one of the first countries to create a public register of the beneficial owners of companies. The UK register, called the Register of People with Significant Control (PSC), has both demonstrated the feasibility of public registers and set new standards in publishing the data as open data, allowing others to analyse the data in bulk. Whilst the UK register has been pioneering, there is much that can be learnt – both to improve the UK register and for others considering or establishing public beneficial ownership registers.
