Tag: Kevin Hollinrake

UK’s Companies House Empowered with New Tools to Combat Fraud

FinTelegram tamir -
In a significant policy shift aimed at enhancing the integrity of the business environment, the UK's Companies House heralded a new era in its battle against economic crime with the activation of the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) starting from 4 March 2024. This move comes after years of criticism regarding the agency's lenient stance that reportedly facilitated a playground for fraudulent activities and economic crime.