Powered by Lexis+®
Jurisdiction(s):
United Kingdom

UK corporate law update: ECCTA/Companies House implementation, FRC climate disclosures review, LLP salaried members ruling, sanctions no-Russia guidance, and key regulatory deadlines - week of 23 January 2025

Published on: 23 January 2025

Published by a LexisNexis Corporate expert
Legal News
imgtext
Article summary

In this issue:

  • Economic Crime and Corporate Transparency Act
  • Environmental, social and governance issues
  • Partnerships; Limited liability partnerships (LLPs)
  • Corporate crime for corporate lawyers
  • Daily and weekly news alerts
  • New and updated content
  • Dates for your diary
  • Trackers
  • New Q&As
  • Useful information

Economic Crime and Corporate Transparency Act

Companies House sets go-live dates for three ECCTA 2023 measures

Companies House has presented a refreshed transition plan for the Economic Crime and Corporate Transparency Act 2023 (ECCTA), which obtained Royal Assent on 26 October 2023, and issued the most recent framework update on 21 January 2025. The update pinpoints commencement timings for three areas: rolling back the use of home addresses as registered offices, new support to register Authorised Corporate Service Providers (ACSPs), and a voluntary route for individuals to confirm their identity. See: LNB News 22/01/2025 13.

Environmental, social and governance issues

FRC issues review of CFDs by AIM and large private companies

Following the first round of compulsory reporting, the Financial Reporting Council (FRC) has released its review of climate-related financial disclosures (CFDs) prepared by AIM and large private companies...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow