Tips for accountants: ACSPs and identity verification

With the rollout of authorised corporate service provider (ACSP) rules and identity verification for directors at Companies House, accountants could find themselves becoming corporate gatekeepers, explains Tim Pinkney, director of professional standards at the Institute of Financial Accountants (IFA)

This is a significant change and one that moves accountants even closer to the heart of the UK’s corporate regulatory framework. The reforms are part of a government push to strengthen the Companies House register, prevent fraud, and increase corporate transparency.

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