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Shein UK breaches company law by failing to disclose human owner


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Breach could disrupt Shein’s reported plans to list in UK as firms are legally required to declare ‘person with significant control’

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The UK business of the fast-fashion company Shein has failed to disclose its ultimate ownership, a breach of company law that could disrupt the firm’s reported plans to consider listing in the UK.

UK companies are legally required to declare their ultimate human beneficial owner – their “person with significant control” (PSC).

Continue reading…Breach could disrupt Shein’s reported plans to list in UK as firms are legally required to declare ‘person with significant control’• Business live – latest updatesThe UK business of the fast-fashion company Shein has failed to disclose its ultimate ownership, a breach of company law that could disrupt the firm’s reported plans to consider listing in the UK.UK companies are legally required to declare their ultimate human beneficial owner – their “person with significant control” (PSC). Continue reading…