The Significant Controllers Register is a statutory record identifying persons or entities meeting Hong Kong's relevant control conditions. It is commonly shortened to SCR.
Control is broader than a name on a share certificate The rules consider specified ownership and voting interests as well as other forms of control. Indirect ownership and agreements can matter. Do not conclude that there is no significant controller simply because no direct shareholder appears to cross one threshold.
A practical example A corporate shareholder holds the Hong Kong company, while individuals control that shareholder through another layer. The company needs to examine the structure under the rules instead of stopping at the first entity name.
Maintaining the register Follow the required identification, information, designated representative and access arrangements. Review changes when shares, control rights or relevant particulars change.
The SCR is not the same as a bank's entire beneficial ownership file. Providers can request additional information under their own obligations. Keep the statutory record current and retain the evidence supporting the company's conclusions.
Sources and scope
General information, not advice for your individual legal or tax position. Confirm current requirements with the relevant authority or provider.