In view of the current scrutiny of the Economic Crime and Corporate Transparency Bill 2022 in the UK Parliament which proposes major legislative changes to require additional transparency over firms conducting business in UK and to enhance the enforcement powers of government agencies with respect to economic crimes, including crimes relating to money laundering (ML) and the financing of terrorism (FT), the UK government has published numerous fact sheets in this context.
The fact sheets explain the reasoning behind the new bill and provide specific information on diverse aspects covered by the bill, e.g. the enhanced registration and location requirements of limited partnerships. The fact sheets are listed below. The latest added sheet is the one listed last regarding the new information request power for the Solicitors Regulation Authority in relation to economic crime.
Factsheet: Economic Crime and Corporate Transparency Bill overarching
Factsheet: the role and powers of the Registrar of Companies
Factsheet: company names
Factsheet: identity verification and authorised corporate service providers
Factsheet: preventing abuse of personal information on the Register
Factsheet: improving transparency of company ownership
Factsheet: Companies House fees
Factsheet: company accounts
Factsheet: limited partnerships
Factsheet: impact of corporate transparency reforms on limited liability partnerships
Factsheet: civil sanctions and offences relating to reform of Companies House and limited partnerships
Factsheet: cryptoassets – key terms and definitions
Factsheet: cryptoassets technical
Factsheet: cryptoassets – legislation
Factsheet: information sharing measures
Factsheet: the removal of the statutory cap on financial penalties for the Law Society, as delegated to the Solicitors Regulation Authority
Factsheet: new regulatory objective in the Legal Services Act 2007
Factsheet: the extension of the Serious Fraud Office’s pre-investigation powers
Factsheet: economic crime in the UK
Factsheet: beneficial ownership
Factsheet: Scottish Government legal services measure
Factsheet: new information request power for the Solicitors Regulation Authority in relation to economic crime
Economic Crime and Corporate Transparency Bill 2022: Factsheets
ID
21502
Other Features
AFC
AML
asset freezing
beneficial owner
CDD/ KYC
CFT
companies
crypto-assets
digitisation
fees
fraud
limit
operational
penalties
recovery
registration
regulatory
reporting
risk
sanctions
securities
statistics
transparency
Ukrainian conflict
Date Published: 2023-01-18
Regulatory Framework: Economic Crime (Transparency and Enforcement) Act 2022, Proceeds of Crime Act 2002, Terrorism Act 2000 and Anti-terrorism, Crime and Security Act 2001
Regulatory Type: procedure
ID 26587
The UK government has published an updated version of its Haiti sanctions guidance relatin ...
ID 26574
Various UK government agencies, including the Department for Levelling Up, Housing and Com ...
ID 26571
The Department for Business and Trade has informed of the extension of its call for eviden ...
ID 26488
The HM Treasury and Office of Financial Sanctions Implementation (OFSI) have published a n ...
You are on the training version of RISP core with limited functions and data.
Please subscribe to RISP core for professional or academic use. We supply free real time datasets for approved academic research; professional subscriptions start at 950€ plus VAT per annum.