Practical Law

Until recently, Scottish Limited Partnerships (SLPs) had remained a relatively obscure legal entity. Historically intended to provide a vehicle for managing ventures like highland crofts and fishmongers, they had been a fairly innocuous legal construct. But around ten years ago something changed. According to Companies House data, there was a sharp and seemingly unexplained increase … Continue reading Money laundering and corruption risk: a driving force behind the new SLP beneficial ownership declaration requirements →