Client portal New Private Client portal  Call us Contact us

Economic Crime
and Corporate Transparency Act.

Everything you need to know about the
upcoming changes from November 2025.

.

Are you looking for help understanding the changes?

Speak to our experts

Under changes to the Economic Crime and Corporate Transparency Act, from 18 November 2025 all new directors and persons with significant control (PSCs) will be required to verify their identity at the point of incorporation.

As the deadline approaches, our team will use this hub to help company directors and persons of significant control understand the upcoming changes to the Economic Crime and Corporate Transparency Act, providing clear, practical guidance ensuring you know what’s required, why it matters, and how to stay compliant.

ECCTA: What happens if you miss a deadline?

The ECCTA significantly expands the powers of Companies House and introduces a more robust enforcement framework to improve corporate transparency and tackle economic crime. The penalties for non-compliance are now more varied and severe, ranging from financial penalties to criminal prosecution.

This 2 minute article breaks down the types of penalties and how they escalate, financial penalty amounts, the enforcement process and appeal rights.

Read this article
Man and woman in discussion

Mark your calendars: ECCTA deadlines you need to know.

If you’re a business owner, director, or compliance professional, understanding the Economic Crime and Corporate Transparency Act 2023 (ECCTA) is essential. This legislation introduces major changes that will affect how companies are formed, managed, and monitored in the UK.

Take a look at our detailed ECCTA timeline breaks down each change into clear milestones, helping you stay informed and prepared.

Take a look at the ECCTA timeline

Your step-by-step guide to ECCTA identity verification (2025).

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) introduces sweeping reforms to improve transparency and reduce fraud in UK corporate structures. One of the most significant changes is the mandatory identity verification for directors, persons with significant control (PSCs), and others interacting with Companies House.

This 2 minute guide walks you through the verification process, outlines who must comply, and provides a checklist to help your organisation stay on track.

Read your step-by-step guide
Woman in office using laptop
Man and Woman discussing Economic Crime and Corporate Transparency Act

Director, Member and PSC Verification: New requirements under the Economic Crime and Corporate Transparency Act 2023.

The United Kingdom’s commitment to corporate transparency and economic integrity has been significantly strengthened by the introduction of the Economic Crime and Corporate Transparency Act 2023 (‘the Act’). Among its array of transformative measures, one of the most consequential is the overhaul of director verification procedures.

Take 2 minutes to read our article that explains what’s changing and the next steps you need to take.

Read this article

Useful resources and insights.

View our latest insights
Article

Identity Verification Checklist for Individuals – ECCTA

27 October 2025
Article

Identity Verification Implementation Checklist for Businesses – ECCTA

27 October 2025
Article

Failure to prevent fraud offence.

4 March 2025

Your expert team

Meet the whole team
Jemma-Gibbons-Riddell

Jemma Gibbons-Riddell

Partner | Audit & Accounts
Kelly Bretherick

Kelly Bretherick

Partner | Audit & Accounts
Lian-Jordan

Lian Jordan

Director | Audit & Accounts

Speak to our experts

Complete the form below and we'll get in touch


  • I have read and accept the Terms and Conditions. Please read our Privacy Policy to understand how we will use your personal information.

If you experience any difficulties completing
this form, please email pem@pem.co.uk.