Course description
The Economic Crime & Corporate Transparency Act is the second of a two-part series of legislation in the UK, following on from the Economic Crime (Transparency and Enforcement) Act 2022 and has now received Royal Assent.
The Act will impact all entities that are registered at Companies House, and the individuals associated with them. This includes directors, people with significant control and agents, such as corporate compliance persons and companies, attached to such entities.
As well as looking at the key matters within the legislation, the session with presenter Claire Thomson will have a particular focus on what impact this will have for accountants in practice as they service their clients and the practical opportunities and challenges for accountants arising from the new requirements.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The virtual classroom session is aimed at accountants in practice who advise entities registered at Companies House in the UK.
The Economic Crime & Corporate Transparency Act is the second of a two-part series of legislation in the UK, following on from the Economic Crime (Transparency and Enforcement) Act 2022 and has now received Royal Assent.
The Act will impact all entities that are registered at Companies House, and the individuals associated with them. This includes directors, people with significant control and agents, such as corporate compliance persons and companies, attached to such entities.
As well as looking at the key matters within the legislation, the session will have a particular focus on what impact this will have for accountants in practice as they service their clients and the practical opportunities and challenges for accountants arising from the new requirements.
What You Will Learn
This virtual classroom session will cover the following:
- The new role and responsibilities of Companies House
- Identity verification of directors, people with significant control and others
- The removal of reduced filing provisions for small and micro entities
- The mandating of electronic filing of financial statements, and
- The creation of a new ‘failure to prevent fraud’ offence
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...