By Naomi Rich, COO of ProSec 1st June, 2026 When the PSC regime came into force in April 2016, it created a register but not a referee. Nearly a decade on, the Authorised Corporate…... More
By Naomi Rich, COO of ProSec 13th May, 2026 When the PSC regime came into force in April 2016, it felt like a seismic moment for UK corporate transparency. Nearly a decade on, the mandatory…... More
By Naomi Rich, COO of ProSec 18th February, 2026 Often mistaken for an Executive Assistant, a Company Secretary is actually a specialist compliance and governance professional, quietly making sure Companies House filings are made…... More
By Naomi Rich, COO of ProSec 7th November, 2025 In the final part of our Uncovering ECCTA series, we focus on the essential “must-dos” in the lead-up to the 18 November deadline. This summary outlines…... More
By Naomi Rich, COO of ProSec 24th October, 2025 In the penultimate part of our series on Uncovering ECCTA, we look at some of the less well-known (but equally important) changes being introduced by the…... More
By Naomi Rich, COO of ProSec 10th September, 2025 In the third part of our series on ‘Uncovering ECCTA’, we look at changes to the statutory registers that companies are required to keep and explore…... More
By Naomi Rich, COO of ProSec 20th August, 2025 In the second part of our series on ‘Uncovering ECCTA’, we’ll explain a new law aimed at preventing fraud. We'll cover what this new offence means,…... More
By Naomi Rich, COO of ProSec 12th August, 2025 Introduction The UK's corporate landscape is undergoing its most significant transformation in decades, and it's all thanks to the Economic Crime and Corporate Transparency Act 2023…... More
By Naomi Rich, COO of ProSec 25th January, 2025 Your go-to provider for company secretarial services ProSec has a proven track record of delivering excellence to national and international law and accountancy firms who outsource…... More
By Naomi Rich, COO of ProSec 17th December, 2024 Introduction Companies House has introduced new rules to make company ownership more transparent and secure. If you’re a director or material ultimate beneficial owner, or planning…... More
By Naomi Rich, COO of ProSec 22nd January, 2024 If a company appoints or removes a company director, it is required to let Companies House know. Below is a guide explaining how do to this.…... More
By Naomi Rich, COO of ProSec 22nd January, 2024 KYC stands for "Know Your Customer." It is a process that businesses and financial institutions use to verify the identity of their customers. The purpose of…... More
By Naomi Rich, COO of ProSec 22nd January, 2024 Introduction In the ever-evolving landscape of business and corporate governance, staying informed about regulatory changes is crucial. Directors play a pivotal role in steering the ship…... More
By Naomi Rich, COO of ProSec 27th September, 2023 Share dilution refers to the decrease in the ownership percentage of existing shareholders in a company when new shares are issued. This can occur for various…... More
By Naomi Rich, COO of ProSec 27th September, 2023 A cap table, short for "capitalization table", is a document that provides an overview of a company's equity ownership structure. It lists all the company's securities,…... More
By Naomi Rich, COO of ProSec 27th September, 2023 Fully diluted share capital refers to the total number of shares that would be outstanding if all possible sources of conversion or exercise were utilized. In…... More
By Naomi Rich, COO of ProSec 10th January, 2023 The principal objective of the Register of Overseas Entities (ROE) is to provide greater transparency around UK property owned by overseas entities. An overseas entity is…... More
By Naomi Rich, COO of ProSec 10th January, 2023 The UK government introduced the Economic Crime (Transparency and Enforcement) Act 2022 on 15th March 2022, which includes several new measures to help prevent money laundering…... More
By Naomi Rich, COO of ProSec 10th January, 2023 The Register of Overseas Entities (ROE) was introduced by the UK government on the 1st August 2022 to provide greater transparency about the beneficial owners of…... More
By Naomi Rich, COO of ProSec 10th January, 2023 Under the Economic Crime (Transparency and Enforcement) Act 2022, overseas entities must register their beneficial owners on the Register of Overseas Entities (ROE). The register is…... More
By Naomi Rich, COO of ProSec 10th January, 2023 A beneficial owner is a person or entity who enjoys benefits of ownership of a property or another type of asset. A beneficial owner can also…... More
