Articles

All companies should be aware that The Economic Crime and Corporate Transparency Act 2023 (ECCTA) makes a change which comes into effect later this year. It involves the mandatory requirement that all company directors, persons with significant control (PSCs), and individuals filing on behalf of a company need to verify their ID. This change is now only a couple of months away, albeit a transition period will apply.

Next Monday, 21 July 2025, the Government will publish draft legislation and other supporting papers for the tax policy changes which it previously announced. The aim is to publish before the recess to allow as much time as possible for assimilation.  

So the Life Sciences Sector Plan has now been published on 16 July by the UK Government - just in time for everyone to enjoy some summer holiday reading.  Life sciences is one of the eight chosen specialist sectors that the Government sees as key to fuelling the UK's growth in the next 10 years, as highlighted in the recent Industrial Strategy.  

Workplace Compass: The Government’s latest amendments to the Employment Rights Bill would void NDA terms that prevent workers speaking out about harassment or discrimination. We explore what this could mean for employers in practice.

The new Code of Fundraising Practice was published in May and will take effect on 1 November 2025. Charities are within the transition period to review the new Code and update their policies and procedures to ensure compliance with it. The Code is intended to be simpler to use, adaptable, and appropriate for modern fundraising.

One significant outcome of the Economic Crime and Corporate Transparency Act 2023 (ECCTA) is the introduction of mandatory ID verification for company directors, persons with significant control (PSCs), and individuals filing on behalf of a company.