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The U.K. Economic Crime and Corporate Transparency Act’s New Responsibilities for Companies

On 26 October 2023, the Economic Crime and Corporate Transparency Act 2023 became law. The new U.K. law is designed to fight corruption, money laundering and fraud, has major implications for businesses and will engender...more

Economic Crime and Corporate Transparency Act Becomes Law: What Companies Need to Know

On 26 October 2023, the Economic Crime and Corporate Transparency Act received royal assent. The new law is designed to fight corruption, money laundering and fraud, and has major implications for businesses, including:...more

Further Reforms to the ‘Persons With Significant Control’ Regime

On 6 April 2016, changes to the Companies Act 2006 introduced the regime relating to the disclosure of persons with significant control (PSC regime). In brief, the new regime requires unlisted UK companies to take reasonable...more

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