Legal updates: January 2021

In this month’s round up, Gateley Legal’s Sophie Brookes examines the consultation on an overhaul of financial reporting requirements at Companies House, misuse of dividend payments as director loans and what constitutes a ‘de facto’ director

Companies House: overhauling quality of filed financial information

The Department for Business, Energy and Industrial Strategy (BEIS) has launched a consultation, Corporate transparency and register reform: improving the quality and value of financial information on the UK companies register, which aims to improve oversight of financial data available in Companies House records. The consultation is part of the government’s strategy to increase corporate transparency and help fight economic crime.

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