The Companies (Amendment) Ordinance 2018 ("the Amendment Ordinance") introduces new requirements on the keeping of significant controllers registers by companies. The Amendment Ordinance has commenced operation on 1 March 2018.
Major obligations of a company
- keeping a SCR at the company’s registered office or a prescribed place;
- taking reasonable steps to identify the company’s significant controllers, including the giving of notices and obtaining their required particulars;
- entering the required particulars of its significant controllers in the SCR;
- keeping the required particulars in the SCR up-to-date;
making the SCR available for inspection and taking of copies by a law enforcement officer.
Failure to comply with the above obligations is a criminal offence.
For details, please visit the website of the Companies Registry:
https://www.cr.gov.hk/en/legislation/scr/overview.htm
and refer to the “Guideline on the Keeping of Significant Controllers Registers
by Companies” issued by the Companies Registry.
https://www.cr.gov.hk/en/publications/docs/Guidelines_scr_e.pdf
Examples of Significant Controllers Registers
https://www.cr.gov.hk/en/publications/docs/Guidelines_scr_e.doc