Part 1: Companies House Reform Confirmation statements Section 62: Duty to deliver information about exemption from Part 21A
Certain companies are exempt from Part 21A of the Companies Act 2006 (information about persons with significant control) because they are already subject to equivalent disclosure and transparency rules conforming to international standards. A company that is exempt currently has to confirm that it is exempt in each confirmation statement. This section requires it to explain why it is exempt– by specifying whether the company:
falls within the description specified in section 790B(1)(a) or a description specified in regulations under section 790B(1)(b), and
if it falls within a description specified in regulations under section 790B(1)(b), what that description is.
	The description specified in section 790B(1)(a) is that it has voting shares admitted to trading on a UK or EU regulated market. The description in regulations made under section 790B(1)(b), (SI 2016/ 339), are that it has voting shares admitted to trading on a regulated market in an EEA state other than the UK, or on a market listed in Schedule 1 to those regulations. Those listed in Schedule 1 are certain markets in Israel, Japan, Switzerland and the USA.