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In the single biggest change to the role of the UK Registrar of Companies since it was created in 1844, the Economic Crime and Corporate Transparency Act 2023 is making a number of modifications to company law with the aim of enhancing corporate transparency and reducing economic crime. To facilitate this, the Act makes further provisions about companies, limited partnerships and other kinds of corporate entities, and around the registration of overseas entities.

The legislation affects all those who interact with Companies House, whether individuals or entities. 

It affects all directors, company secretaries and people with significant control of entities registered at Companies House, as well as the entities themselves, including companies, limited partnerships, limited liability partnerships and overseas entities. There is also impact on agents of such entities, such as accountants, auditors and those who provide company secretarial services. This session will focus on what we know so far, and when we anticipate the changes being enacted. It will support accountants in preparing for the new regulations, and discuss anticipated timelines. The first Commencement Order has already been passed, with initial changes coming into effect in January.  

In this course Claire Thomson covers the following topics:

• A summary of the main changes the legislation is bringing in
• The implication of these changes for accountants and their clients
• Timelines to implementation 
• How to prepare your clients