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Economic Crime and Corporate Transparency Act 2023 | Estateplanning

Economic Crime and Corporate Transparency Act 2023 | Estateplanning

The Economic Crime and Corporate Transparency Act 2023 is a landmark piece of British legislation designed to prevent money laundering and enhance the integrity

Overview

The Economic Crime and Corporate Transparency Act 2023 is a landmark piece of British legislation designed to prevent money laundering and enhance the integrity of business entities. It introduces sweeping reforms to Companies House, granting the registrar new powers to verify identities and investigate suspicious financial activities.