20.06.2019. Reform of the UK Company Register

Company News

Public discussions of new rules of the Company Register will be held between May 2019 and 5 August 2019.
The main purpose of the reform is to fight against economic crimes and improve the quality of the Register’s services.
Key issues:
1. Improvement of quality and operability of the Company Register
2. Transparency of information as to who creates, manages and controls companies, increase in scope of disclosed information and improvement of reliability of information
3. Protection of personal data – storing and granting access to information contained in the Company Register.
4. Information exchange and other methods of fighting against bad faith use of companies.