Mark to market basis and PSC: Difference between pages

Revision as of 08:50, 21 June 2017

Anti money laundering

A PSC is a Person with Significant Control over a company or a limited liability partnership (LLP).

The concept is designed to detect and deter money laundering.

In the UK and other jurisdictions companies and LLPs are required to identify any relevant PSCs and disclose them on the public record.

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-.
+''Anti money laundering''
-(MTM or M2M).
+A PSC is a Person with Significant Control over a company or a limited liability partnership (LLP).
-In financial accounting, the recognition of assets and liabilities at their current market values, as at the end of the financial accounting period.
+The concept is designed to detect and deter money laundering.
+In the UK and other jurisdictions companies and LLPs are required to identify any relevant PSCs and disclose them on the public record.
-.
-A basis of taxation which follows the mark to market basis of financial accounting.
-.
-''UK tax''.
-A method of allocating loan-related payments to the period in which they become due and payable and brings the value of loan relationships into account at fair value at the end of each period.
 == See also ==
-* [[Accruals basis]]
+* [[Anti money laundering]]
-* [[Amortised cost]]
+* [[Company]]
-* [[Market value]]
+* [[Know-your-customer]]
-* [[Marked-to-market reset]]
+* [[Limited liability partnership]]
+* [[Money laundering]]
-[[Category:Accounting,_tax_and_regulation]]