The UK Government has announced that the Scottish Partnerships (Register of People with Significant Control) Regulations 2017 came into force on 26 June 2017. The regulations bring Scottish limited partnerships into line with other limited partnerships in the UK, including new disclosure requirements on ownership and control. The information needs to be disclosed on People with Significant Control (PSCs), which include a person who: Directly or indirectly holds the right to more than 25% of the surplus assets on winding up of the partnership; Directly or indirectly holds more than 25% of the voting rights in the partnership; Directly or...