The UK Department for Business, Energy and Industrial Strategy has launched a consultation on proposals for the reform of the limited partnership law. The proposals are intended to address the misuse of limited partnerships in criminal activity, and in particular, activity involving Scottish limited partnerships. The proposals include: A requirement that all presenters (those seeking to register a limited partnership) must be registered with an anti-money laundering (AML) supervisory body, and to provide evidence that they are; Two alternative options to ensure limited partnerships maintain some connection with the UK, which include a requirement that a limited partnership’s principal place...