Companies House is introducing various changes under the Economic Crime and Corporate Transparency Act 2023 (“ECCTA”) which will impact academy trusts and their filing obligations.
Key changes for academy trusts include the introduction of compulsory identity verification for individual directors and individual persons with significant control (“PSCs”), as well as changes to the requirements for holding and maintaining statutory registers. These changes will come into force from 18 November 2025.
Other key changes are expected to proceed next year regarding who can file at Companies House on behalf of a company, as well as identity verification for corporate PSCs (known as relevant legal entities (RLEs)).
Nicola Andrews, a Senior Associate at leading UK education law firm, Stone King, has put together an overview of the key upcoming changes and what is required with regard to ID verification, company registers, and what specifically academy trusts need to do.
Her overview can be found here: What academy trusts need to know about the Companies House identity verification and company register changes
If you have any queries on academy trust regulatory and compliance obligations, please contact Stone King.
Stone King LLP
