Companies House
-
Jan- 2022 -4 JanuaryAudit
PCF appoints MacIntyre Hudson as new auditor
PCF bank has revealed that MacIntyre Hudson has been appointed as the newest auditor for the group. The appointment follows the decision by former auditor EY who stated its intention to resign and the completion of a competitive tender process. Approval of the appointment will be sought at the general…
Read More » -
Dec- 2021 -14 DecemberComment
2021 Review: Digital transformation defines the sector’s future
If volatile and unprecedented were the words synonymous with 2020, 2021 offered little in the way of change. But after another year beset by challenges, the industry is showing resilience and is responding positively to the acceleration in digital tech brought on by the pandemic, while also seizing business opportunity…
Read More » -
7 DecemberComment
Being part of the solution to fraud
Between 2020 & 2021, Action Fraud logged 875,622 reports of fraud, costing the UK £2.35billion in fraud-related crimes, a 24% increase that was led predominantly by COVID-19 related scams. This is just part of the wider £37billion of economic crimes in the UK, but is nonetheless an extremely serious problem.…
Read More » -
Oct- 2021 -22 OctoberAccounting Firms
ICAEW backs the Accountancy Sector Fraud Charter
The Institute of Chartered Accountants in England and Wales (ICAEW) has backed the development in conjunction with the Home Office, of a new Accountancy Sector Fraud Charter. The charter which is supported by the accountancy profession, government and law enforcement agencies sets out a set of actions to close in…
Read More » -
14 OctoberCrime
ICAEW: current AML laws fail to recognise sector’s role as ‘gatekeeper’
The ICAEW has warned that the current supervisory regime and regulations surrounding anti-money laundering (AML) fail to recognise the accountancy sector as a “gatekeeper” in preventing financial crime in the UK. Its comments come in response to the Treasury’s recent ‘Call for Evidence: Review of the UK’s AML/CFT regulatory and…
Read More » -
Jun- 2021 -4 JuneCompanies
Companies House makes changes to its protected online filing service
Companies House has announced that it has made improvements to its protected online filing service (PROOF) to help prevent unauthorised company name changes. PROOF is a free service which lets owners protect their company from unauthorised or fraudulent changes to their records. It prevents the filing of certain paper forms,…
Read More » -
Apr- 2021 -8 AprilComment
Fighting crime: how Companies House reforms seek to combat today’s fraudsters
Financial crime and fraud have been longstanding issues globally, as ne’er do wells seek to profit from rogue activities, organised crime, and bogus accounting. It is believed that the proposed reforms of Companies House will make it better suited to prevent or tackle crimes, and better able to adapt to…
Read More » -
8 AprilBusiness Regulation
ICAEW issues support for Companies House reforms
The Institute of Chartered Accountants in England and Wales (ICAEW) has publicly issued its support for new reforms focusing on Companies House. The professional body “welcomed” the increase in powers of the register and a ban of corporate directors within Companies House. In December, 2020, the Department for Business, Energy…
Read More » -
Mar- 2021 -10 MarchBusiness Recovery
Questions raised over Smith & Williamson’s high administration fees
Accountancy and restructuring firm, Smith and Williamson, is reportedly facing questions regarding a build up in fees to almost £8m for the administration process of London Capital and Finance (LCF). As reported in the Times, insolvency practitioners at Smith and Williamson said that £5.6m worth of fees have already been…
Read More » -
Jan- 2021 -28 JanuaryCompanies
Companies House pauses voluntary and compulsory strike off processes
Companies House has announced it will pause voluntary and compulsory strike off processes for one month until 21 February 2021. The pause follows ongoing Covid-19 restrictions which have led to delays in processing correspondence, documents and forms. As a result of the postponement, companies will not be adversely affected by…
Read More »
