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Corporate Intelligence
Every note tagged Corporate Intelligence, most recent first.
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Tagged Corporate Intelligence5
The PSC register: what it captures and what it missesThe UK persons with significant control register is one of the most transparent beneficial ownership regimes in the world. It is also self-reported, stops at the first layer, and records ownership in bands. What those three facts mean in practice.KYB fails at the second layer. Here is why that matters.Know your business checks are a regulatory requirement. Most of them stop at the first PSC record. When that record is a company rather than a person, the check has not found the beneficial owner. It has found the beginning of the question.What the Economic Crime Acts changed about beneficial ownership in the UKTwo pieces of legislation in 2022 and 2023 significantly changed the UK beneficial ownership landscape. A register for overseas entities, identity verification at Companies House, and stronger PSC enforcement. What each change did and what it left unresolved.The Companies House API is free. Building on it is not.The Companies House API gives you open access to the UK register. It does not give you entity resolution, chain resolution, historical state, or production-grade reliability. The gap between the raw data and a usable pipeline is where teams underestimate the work.Why beneficial ownership chains are harder to resolve than they lookIdentifying the ultimate beneficial owner of a company is a legal requirement for most regulated firms. The register shows the first layer. The chain beyond it can be any depth, cross multiple jurisdictions, and look complete long before it is.