This Act strengthens anti-money laundering and fraud safeguards by reforming Companies House, requiring identity verification for company officers and beneficial owners, and creating a register of overseas entities owning UK property.
A Bill to make provision about economic crime and corporate transparency; to make further provision about companies, limited partnerships and other kinds of corporate entity; and to make provision about the registration of overseas entities.
Status: Act of Parliament
Current House: Unassigned
Stage: Royal Assent
Sponsored by: Suella Braverman, Lord Johnson of Lainston
Introduced: 2022-09-22
Royal Assent: 2023-10-25