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United Kingdom

UK and EU corporate and ESG update: Companies House ID verification timeline, FCA Handbook changes, Privy Council abolishes shareholder rule on privilege, SME standard and ESRS simplification, deadlines and trackers

Published on: 07 August 2025

Published by a LexisNexis Corporate expert
Legal News
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Article summary

In this issue:

  • Economic Crime and Corporate Transparency
  • Equity capital markets
  • Environmental, social and governance issues
  • Members
  • Daily and weekly news alerts
  • New and updated content
  • Dates for your diary
  • Trackers
  • Useful information

Economic Crime and Corporate Transparency

Companies House announces mandatory ID verification timeline starting November 2025

Companies House confirms that identity checks required by the Economic Crime and Corporate Transparency Act 2023 will begin on 18 November 2025. New directors must be verified for incorporation or appointment; existing directors will verify at their next confirmation statement. People with significant control (PSCs) have a 12‑month transition window. Around 6–7 million individuals must complete verification by November 2026. Verification will run via GOV.UK One Login or through Authorised Corporate Service Providers, and acting as a director without verification will become an offence once the regime starts. See: LNB News 05/08/2025 29.

Equity capital markets

FCA publishes Handbook Notice No 132

The Financial Conduct Authority has issued Handbook Notice No 132, setting out amendments to the FCA Handbook approved by the board on 26 June, 30 June, 10 July, 18 July and 31 July 2025. See: LNB News 01/08/2025 39...

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