In May 2019 the Government consulted on a range of options to enhance the role of Companies House and increase the transparency of companies and other legal entities. On 18 September 2020 BEIS published the Government's response following a huge response to the consultation.
In May 2019 the Government consulted on a range of options to enhance the role of Companies House and increase the transparency of companies and other legal entities (see our previous update on this here). On 18 September 2020 BEIS published the Government's response following a huge response to the consultation – 1,320 formal, unique responses were submitted.
Since the 1840s the requirement to register certain details about a company has been part of the trade-off for gaining the privileges of limited liability. The proposed reforms will see a fundamentally different role for Companies House moving forward – with many of its systems, processes and capabilities changing. Before we consider the specific changes that are proposed, it should be noted that the following themes are present throughout the Government’s response:
The Ministerial Foreword by Lord Callanan (Minister for Climate Change and Corporate Responsibility) explains that “by striking the right balance between greater assurance, enhanced protection of personal information, and streamlining processes we will enhance the UK’s global reputation as a trusted and welcoming place to do business. More than that, we will ensure our regulatory framework continues to be an exemplar to others.”
Knowledge Director
emma.grant@brownejacobson.com
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In this session, we examined the legal framework around grant funded collaborations and discussed the key risks to be aware of, including IP ownership and compliance with grant terms.
Law firm Browne Jacobson has collaborated with Wiltshire Council and Christ Church Business School on the launch event of The Council Company Best Practice and Innovation Network, a platform which brings together academic experts and senior local authority leaders, allowing them to share best practice in relation to council companies.
The outcome of the Employment Tribunal claim brought by Gulnaz Raja against Starling Bank Limited (1) (Starling), and Matthew Newman (2) was reported last month.
