{
  "url": "https://openlegislation.uk/draft-economic-crime-and-corporate-transparency-act-2023-consequential-incidental-and-miscellaneous-provisions-regulations-2025/note",
  "json_url": "https://openlegislation.uk/draft-economic-crime-and-corporate-transparency-act-2023-consequential-incidental-and-miscellaneous-provisions-regulations-2025/note.json",
  "legislation": "ukdsi/2025/9780348273304",
  "legislation_title": "The Economic Crime and Corporate Transparency Act 2023 (Consequential, Incidental and Miscellaneous Provisions) Regulations 2025",
  "legislation_url": "https://openlegislation.uk/draft-economic-crime-and-corporate-transparency-act-2023-consequential-incidental-and-miscellaneous-provisions-regulations-2025",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nPart 2 of these Regulations makes amendments to primary and secondary legislation which are consequential on changes made to company law by the Economic Crime and Corporate Transparency Act 2023 (c. 56) (“the 2023 Act”), which removed the requirement for companies to maintain their own local registers of directors, secretaries and persons with significant control.\nRegulation 3 of, and Schedule 1 to, the Regulations make consequential amendments to the Companies (Audit, Investigations and Community Enterprise) Act 2004 (c. 27) and amend the Companies Act 2006 (c. 46) to require a person applying to be an authorised corporate service provider to provide a registration number, if they have been allocated one in respect of a register maintained under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692).\nRegulation 4 of, and Schedule 2 to, the Regulations make consequential amendments to various pieces of secondary legislation. They also amend the Registrar (Identity Verification and Authorised Corporate Service Providers) Regulations 2025 (S.I. 2025/50) so that a statement that is delivered to the registrar confirming that an individual’s identity is verified must also include that individual’s unique identifier, and they amend the Information Sharing (Disclosure by the Registrar) Regulations 2024 (S.I. 2024/1378) so that the registrar can disclose information to persons and for purposes relating to the insolvency of limited liability partnerships.\nPart 3 of these Regulations makes provision requiring the registrar not to make certain identity verification statements available for public inspection.\nA full Impact Assessment has not been prepared for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2025/9780348273304/note",
    "retrieved_at": "2026-10-30T14:38:55.218455+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}