Corporate transparency and register reform: implementing the ban on corporate directors
Detail of outcome
The Corporate transparency and register reform white paper contains a summary of responses and the government response to this consultation.
Original consultation
Consultation description
The government has announced wide ranging reforms to the powers and role of Companies House, to improve business transactions and tackle economic crime. This follows previous consultations on Corporate transparency and register reform and Company ownership.
We are now consulting on 3 detailed areas of reform:
- Implementing the ban on corporate directors (this page): to tackle opaque corporate structures, this consultation proposes that corporate directors will be prohibited unless their own boards comprise all natural persons, and those natural persons have their identities verified.
and
- Powers of the registrar – closing date 3 February 2021
- Improving the quality and value of financial information on the UK companies register – closing date 3 February 2021
See the BEIS consultation privacy notice.
Please do not send responses by post to the department at the moment as we may not be able to access them.
Documents
Updates to this page
Last updated 28 February 2022 + show all updates
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The Corporate transparency and register reform white paper (https://www.gov.uk/government/publications/corporate-transparency-and-register-reform) contains a summary of responses and the government response to this consultation.
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First published.