Author: Lucy Reeve

Legislation will take forward Companies House shake-up

The Economic Crime and Corporate Transparency Bill is being considered by Parliament. It includes draft legislation to implement a major overhaul of the role and powers of Companies House, new obligations to verify the identity of directors and people with significant control, restrictions on the use of corporate directors, and limited partnership reforms. The Bill is the latest stage in the Government's pledge to increase transparency and prevent corporate structures being used for illegal purposes.