What this is: In this blog, we will discuss all the changes already implemented by Companies House, as well as upcoming changes. What this means: As we all know, the Economic Crime and Corporate Transparency Act (ECCTA) came into effect in the United Kingdom in October 2023 with the overarching objective of cracking down on the use of corporate vehicles in economic crimes. Companies House was empowered to enact a series of measures to this end and some of those measures have already taken effect.
Cogency Global is a New York-based management consulting firm that provides services such as corporate compliance and transactional legal support for businesses.