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Published on: 19 June 2025

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In this issue:

  • Economic Crime and Corporate Transparency Act 2023
  • Trade finance
  • Sustainable finance
  • Debt capital markets
  • Derivatives
  • Structured products and securitisation
  • Claims and remedies
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Economic Crime and Corporate Transparency Act 2023

DBT publish second progress report on Economic Crime and Corporate Transparency Act 2023 implementation

The Department for Business and Trade (DBT) has issued its second yearly update on delivering the Economic Crime and Corporate Transparency Act 2023. It notes the making of over 20 statutory instruments and flags new Companies House enforcement, including 82,600 registered office address changes and 419 penalty warning notices. The roadmap runs to the close of 2026, with mandatory identity verification due from autumn 2025 and limited partnership reforms to be finalised by the end of 2026. With enhanced powers, Companies House reports identifying £50m of UK property connected to organised crime. See: LNB News 17/06/2025 28. Source: Economic Crime and Corporate Transparency Act 2023: second progress report. For more information, see Practice Note: The Economic Crime and Corporate Transparency Act 2023—what Banking & Finance lawyers need to know...

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