From 18 November 2025, UK company directors must comply with the identity verification requirements under the Economic Crime and Corporate Transparency Act 2023 (“ECCTA”). ECCTA, which received Royal assent in October 2023,...more
Welcome to the March edition of the Proskauer UK Tax Round Up. As promised, the Spring Statement from the Chancellor focused on the economy and public finances without any major tax announcements. However, a few interesting...more
The new FinCEN regulations requiring financial institutions to secure beneficial ownership information is fast approaching – May 2018. The US has been way behind in this regulatory area. As a result, money-laundering activity...more