Companies: Registration

(asked on 18th January 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, pursuant to the Answer of 21 December 2023 to Question 6822 on Companies: Registration, when the broader powers given to the Registrar under the Economic Crime and Corporate Transparency Act 2023 will come into effect; and whether her Department will provide additional resources to the Registrar to ensure it is able to use these powers.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 26th January 2024

The reforms we are making to Companies House are significant, and we are adopting a phased approach to implementation. The new powers at the Registrar's disposal will come into effect over the coming months, with many being available to the Registrar from 4 March. Some others, such as ID verification, require secondary legislation and significant systems development, and will not take effect until later.

We are committed to ensuring the Registrar has the necessary resources to implement these changes.

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