Economic Crime and Corporate Transparency Act 2023 - Essential Update BPP University

Overview

ECCTA 2023 introduces major changes to the UK’s corporate transparency and enforcement landscape, and businesses must quickly adapt to the new requirements.

This update gives you a clear, practical understanding of the provisions already in force and those still to come, including ID verification, new Companies House powers and updated obligations for directors, PSCs and ACSPs.

With focused guidance and practical insights, you’ll leave equipped to support clients, manage compliance risks and navigate the evolving corporate regime with confidence.

Learning outcomes

By the end of this Economic Crime and Corporate Transparency Act 2023 - Essential Update course at BPP University you will be able to:

• Understand the key ECCTA 2023 provisions already in force and those still to be implemented
• Advise on mandatory ID verification for directors, PSCs and individuals delivering information to Companies House
• Explain the new company formation requirements and restrictions on company names
• Identify upcoming changes to the register of members and their practical impact
• Understand director‑related changes, including appointment, notification, disqualification and personal‑information protections
• Assess the implications of ID verification for company secretaries
• Apply the updated PSC notification rules, including ceasing to be a PSC, investigations and personal‑information safeguards
• Recognise proposed changes affecting small‑company accounts and audit
• Understand ACSP registration and ongoing compliance requirements
• Advise on the enhanced powers of Companies House and its strengthened enforcement approach
• Explain changes to confirmation statements and how ID verification integrates with them