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UK Economic Crime and Corporate Transparency Act: Updates to UK Companies Registries

The Shard and surrounding buildings are viewed from the ground on October 24, 2023 in London, England
Photo by Matt Cardy/Getty Images

Mark Geday | Morgan Lewis, Jasmine Jones | Morgan Lewis

5 min read
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The legislation aims to deliver reforms on tackling economic crime and improving transparency over corporate entities.

The UK Economic Crime and Corporate Transparency Act 2023 (ECCTA), which will begin to come into force over the course of 2024, aims to prevent economic crime and abuse of UK corporate structures by improving the integrity of the information available on companies and other business entities, expanding law enforcement powers

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