header-logo header-logo

ECCTA 2023 reforms at Companies House

06 March 2024
Issue: 8062 / Categories: Legal News , Commercial , Company
printer mail-detail
Stronger checks on company names are being carried out from this week, as the first measures under the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) come into force

From 4 March, Companies House has greater powers to query information and request supporting evidence, tackle and remove factually inaccurate information, and share data with government departments and law enforcement agencies. Companies must supply a registered email address and can no longer use a PO Box as their registered office address.

Also from this week, anyone forming a company must confirm they are doing so for a ’lawful purpose’ and that future activities will be lawful.

Companies House CEO Louise Smyth said: ‘These new and enhanced powers are the most significant change for Companies House in our 180-year history. We are prioritising cases where people’s names and addresses have been used without their consent.’

ECCTA 2023 will have a phased roll out. Future reforms include identity verification and a requirement to submit profit and loss accounts. 

MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

Law school partners with charity to give free assistance to litigants in need

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

back-to-top-scroll