Shein UK breaches company law by failing to disclose human owner

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).