As you may be aware the Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023. The Act gives Companies House the power to play a more significant role in tackling economic crime and supporting economic growth. Companies House envisage that over time there will be improved transparency and more accurate and trusted information on their registers. The Act will have implications for IPs, but at present, since many IPs are part of practices that are limited companies or LLPs I just want to flag up a microsite that Companies House have created that sets out a summary of the changes as they impact on directors and people with significant control of companies. The website can be founds at Changes to UK company law - Changes to UK company law
