What do new crime laws mean to you?

The Economic Crime and Corporate Transparency Act 2023 (“ECCTA”) received the Royal Assent on 26th October 2023. Despite being in force for over a year now, how many directors of freehold companies, resident management companies, Right to Manage Company and/or managing agent professionals fully understand what this landmark legislation means for them and/or their clients?

The ECCTA represents one of the most significant reforms to Company House since it began its corporate registration service in 1844. At its core, the ECCTA seeks to improve transparency and strengthen the UK's ability to tackle economic crime.