Tag: ECCTA

Whether through enforcement actions taken by HM Revenue & Customs, Companies House, the Insolvency Service, or the Serious Fraud Office—or increasingly through coordinated action...

The UK’s AML framework has undergone meaningful change in 2025, with policymakers introducing new processes aimed at strengthening accountability, closing long-standing gaps, and improving...

The UK’s new corporate offence of failure to prevent fraud (FTPF), introduced on 1 September 2025 under the Economic Crime and Corporate Transparency Act...

Companies House is set to introduce a major overhaul of the UK’s incorporation process, with new identity verification rules coming into force on 18...

In an increasingly complex regulatory landscape, small and medium-sized enterprises (SMEs) are facing growing pressure to keep pace with anti-money laundering (AML) compliance requirements....

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) is a landmark regulation designed to strengthen the UK’s fight against financial crime and improve...

In October 2023, the UK implemented the Economic Crime and Corporate Transparency Act (ECCTA), setting stringent identity verification (IDV) mandates for shareholders, directors, and persons of significant control (PSCs). This legislation, crafted to enhance the integrity of company data at Companies House, represents a significant pivot towards more rigorous corporate governance.