Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many people have been (a) prosecuted and (b) convicted for offences related to the non-disclosure of Person of Significant Control of UK companies; and what the total amount of fines imposed was for such offences for the most recent period for which data is available.

(a) From June 2016 (when Persons of Significant Control criminal offences came into force) to September 2018 criminal proceedings have been issued against 99 individuals (directors) and 89 companies.

(b) 5 individuals have been convicted - 4 convictions were for offences contrary to section 790VA Companies Act 2006 (failing to update Companies House with details of relevant entries to a company’s PSC Register.) A further 4 companies were convicted of the same offence. 1 individual has been convicted of an offence contrary to section 790F Companies Act 2006 (failing to make relevant enquiries relating to a company’s PSC). 2 companies have been convicted of the same offence.

(c) The total amount of fines for these offences is £7,000.