The Economic Crime and Corporate Transparency Act
Key Concepts:
- Reinforcing Business Integrity: The Act marks a pivotal shift towards greater corporate transparency and accountability in the UK.
- Advancing Legal Frameworks: It introduces comprehensive measures to combat economic crimes, particularly in the realms of corporate fraud and cryptoassets.
- Shaping Future Practices: The legislation sets a precedent for how businesses operate, emphasising integrity and compliance.
Source: GOV.UK
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