Oliver Stanley
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Published: 8 November 2024 6:19 am Author: Oliver Stanley
Latest IDV & ECCTA implementation update from Companies House (and Kudocs)
Key Takeaways Spring/ Summer 2025: Companies House hopes to start allowing third parties (i.e. professional advisers) to apply to become an ACSP – so that they can complete IDV for their clients and clients’ stakeholders. Individuals will be able to apply directly to Companies House (via OneLogin) to verify their identity. Autumn/ Winter 2025: All
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Published: 5 August 2024 3:32 pm Author: Oliver Stanley
What’s happening with Companies House identity verification?
At Kudocs, we simplify company management for business owners and professional advisers. As part of this, we keep abreast of important Companies House regulatory changes to help our customers manage company registers in compliance with current law. Companies House is continuing to prepare for the launch of the new Identity Verification (IDV) requirements as set
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Published: 13 June 2024 4:05 pm Author: Oliver Stanley
Data import – to build historic data
We have had this feature available for a while in beta mode, but are now pleased to announce that you can import data from previous entity registers to recreate a company’s history. You still use Companies House as the source data to create the account with current information, but if you have years of history
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Published: 20 February 2024 11:07 am Author: Oliver Stanley
Companies House fee changes – 1 May 2024
Breaking news. Companies House has just published details of the new fees they will be charging from 1 May 2024. While the UK has always been considered relatively ‘cheap’ compared to other jurisdictions – and probably remains so – these increases are quite significant compared to previous rates. The most commonly incurred new fees are:
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Published: 19 February 2024 4:02 pm Author: Oliver Stanley
Economic Crime (Transparency and Enforcement) Act 2023 – Kudocs is ready for implementation
The first changes to be implemented by Companies House under the new Economic Crime and Corporate Transparency Act (2023) (“ECCTA”) are due to come into effect on 4 March 2024. In summary, these changes are: Each entity will be required to provide a registered email address to Companies House as part of their core information.
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Published: 17 January 2024 4:59 pm Author: Oliver Stanley
Economic Crime and Corporate Transparency Act 2023 – first implementation plans
The new Economic Crime and Corporate Transparency Act 2023 (ECCTA) received royal assent in October 2023. Companies House (and Kudocs) are getting ready for implementation of the various changes. These will be done in stages over the coming months and years, as secondary legislation is needed in many cases to bring the changes into effect.
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Published: 19 May 2023 2:49 pm Author: Oliver Stanley
Economic Crime (Transparency and Enforcement) Act 2022 – Companies House prepares for implementation: UPDATE
A quick update on the implementation of the Economic Crime (Transparency and Enforcement) Bill 2022. The latest information is that it may receive Royal Assent in July 2023, although this date cannot be guaranteed. If this timing is met, Companies House will start to implement their first changes (see here: https://www.kudocs.co.uk/economic-crime-transparency-and-enforcement-act-2022-companies-house-prepares-for-implementation/) perhaps as early as
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Published: 24 March 2023 11:27 am Author: Oliver Stanley
Economic Crime (Transparency and Enforcement) Act 2022 – Companies House prepares for implementation
Companies House are starting to make plans for initial implementations of the Economic Crime (Transparency and Enforcement) Act 2022. Assuming that the Act gets Royal Assent, Companies House (“CH”) has begun planning what changes it will start implementing later this year. The first changes expected are: Each company will be required to provide a registered
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Published: 17 March 2023 11:34 am Author: Oliver Stanley
Feature update – March 2023
A short summary of some of the new feature’s we’ve released up until March 2023: Unconsolidated & consolidated share certificates Generally speaking, Kudocs generates consolidated share certificate, and all previous certificates generated in Kudocs are automatically cancelled. However, you now have the option to generate an unconsolidated share certificate when you record a recent
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Published: 26 January 2023 5:05 pm Author: Oliver Stanley
Economic Crime (Transparency and Enforcement) Act 2022 – what’s the latest?
What is happening at Companies House (“CH”) vis-a-vis the planned identification verification checks? The White Paper makes it clear that ID verification will be possible either (i) directly via CH; or (ii) if completed by registered third parties. CH does not want to risk “duplicating the checks that third parties and supervisors are already required
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