Fraud Prevention: Companies House begins phased roll out of new powers to tackle fraud.

27 Mar 2024 10:58 AM | Anonymous member (Administrator)

The first measures under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) came into force on earlier this month.

Changes introduced include:

greater powers to query information and request supporting evidence

stronger checks on company names

new rules for registered office addresses (all companies must have an appropriate address at all times – they will not be able to use a PO Box as their registered office address)

a requirement for all companies to supply a registered email address

a requirement for subscribers to confirm they’re forming a company for a lawful purpose when they incorporate, and for a company to confirm its intended future activities will be lawful on its confirmation statement

greater powers to tackle and remove factually inaccurate information

the ability to share data with other government departments and law enforcement agencies

https://www.wrexham.com/news/companies-house-begins-phased-roll-out-of-new-powers-to-tackle-fraud-248030.html


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