PJSC Center-Invest Disqualified as Corporate Director

The Companies House register records that PJSC Commercial Bank "CENTER-INVEST" was disqualified from acting as a corporate director in the United Kingdom on 6 August 2026. The official register lists no end date for the sanction, recording the term as indefinite (until 31 December 9999). The record attributes the disqualification to Section 3A of the Sanctions and Anti-Money Laundering Act 2018, under case reference RUS3711.

Disqualification details

The entry on the official register of disqualified officers contains the following verified particulars:

| Field | Recorded detail |

| --- | --- |

| Registered name | PJSC COMMERCIAL BANK "CENTER-INVEST" |

| Officer type | Corporate officer |

| Start date | 6 August 2026 |

| End date | Not stated (recorded as 9999-12-31) |

| Duration | Indefinite |

| Statutory basis | Sanctions and Anti-Money Laundering Act 2018 (Section 3A) |

| Reason description | Disqualification under sanctions regulation |

| Case identifier | RUS3711 |

| Companies named on record | None listed in the published entry |

| Official record | Companies House Register Entry |

Statutory basis and sanctions framework

Under Section 3A of the Sanctions and Anti-Money Laundering Act 2018, sanctions regulations may make provision for the disqualification of designated persons or entities from acting as corporate officers. While individual director disqualifications commonly arise under the Company Directors Disqualification Act 1986 following insolvency, corporate officer disqualifications under sanctions legislation directly restrict targeted overseas financial institutions and entities from serving as corporate directors of UK-registered companies.

Where an entity is subject to sanctions-based disqualification, the record remains active indefinitely unless formal regulatory relief or delisting occurs. Acting as a director while subject to a disqualification order or sanction designation constitutes an offence, and any corporate appointments made in breach of the restriction are void under UK corporate law.

What this means for lenders, suppliers and counterparties

When a corporate entity is disqualified, credit professionals and compliance officers must verify whether the entity holds any present or historic corporate directorships across UK group structures. Counterparties should assess three immediate commercial operational areas:

1. Board composition: Confirm that the disqualified corporate entity does not currently hold a corporate directorship in any subsidiary or affiliated company.

2. Payment and asset freezes: Review potential asset freezing controls and banking restrictions overseen by the Office of Financial Sanctions Implementation.

3. Contractual undertakings: Ensure existing commercial agreements do not violate statutory sanctions requirements or secondary exposure rules.

In practice, corporate intelligence analysts frequently cross-reference officer registers alongside insolvency data. Before entering high-value transactions, risk management teams run a winding up search to ensure potential corporate partners are not involved in parallel insolvency proceedings or subject to court actions.

Practical due diligence checklist for corporate counterparty reviews

Compliance teams reviewing potential corporate officer risks should execute a standard four-step verification process:

1. Inspect the official Companies House register to check active and resigned corporate appointments.

2. Cross-check official sanctions databases and the Companies House database of disqualified officers.

3. Conduct a complete corporate network analysis to identify parent entities, ultimate beneficial owners, and corporate persons with significant control (PSCs).

4. Execute a comprehensive winding up petition search to identify unrecorded insolvency filings or creditor petitions.

Scenario analysis: Identifying corporate officer restrictions

Consider an international trade supplier structuring a joint venture with a UK subsidiary. During client onboarding, internal KYC software flags that an overseas corporate shareholder holds a directorship on the UK company's board. A manual check reveals the corporate director was listed on the disqualification register under a sanctions case reference.

Because acting while disqualified renders corporate actions invalid, the supplier pauses completion until the board removes the disqualified corporate director and files updated PSC notifications. A full background check and winding up search across connected UK entities confirms whether secondary solvency filings exist, preventing regulatory non-compliance before capital commitment.

How to search public records and set up alerts

Corporate intelligence professionals can review daily disqualifications via the disqualified directors daily list. Manual checks require searching both individual and corporate officer databases on Companies House and checking statutory notices in The Gazette.

To manage ongoing compliance across large vendor portfolios, risk officers implement automated tracking. Utilizing free company monitoring ensures automatic notifications whenever board personnel change, new charges are registered, or statutory disqualifications are indexed.

For credit teams, risk officers and legal advisers

Pre-completion due diligence on cross-border transactions requires immediate verification of corporate officer standing. Missing a corporate officer disqualification during onboarding exposes institutions to severe legal penalties and regulatory breach. Credit teams should combine automated sanctions screening with a routine corporate risk assessment prior to contract approval.

FAQ

Can a corporate entity be disqualified from acting as a director?

Yes. Under UK legislation, corporate entities that serve as directors of UK companies can be disqualified under statutory provisions including sanctions legislation and insolvency rules.

How long does a corporate sanctions disqualification last?

Where no specific end date is defined in the regulations, the register records the termination date as 9999-12-31, signifying that the restriction remains in force indefinitely until formally revoked or relieved.

What happens if a disqualified corporate officer acts as a director?

Acting as a director while disqualified is an offence under UK law. Any board resolutions or actions executed in breach of the prohibition may be challenged or declared void.

Where can I verify corporate disqualifications?

Disqualifications are published on the official Companies House register of disqualified directors and can be reviewed alongside daily updates on Corp Intel.

Disclaimer

This report summarises an entry on the Companies House register of disqualified directors. It states only what the public register records and makes no further allegation. Anyone believing an entry is reported incorrectly should email contact@corp-intel.co.uk.