ECCTA and its impact on accountants and AML procedures with Julia Penny

Did you miss our recent webinar with Julia Penny, Immediate Past President of ICAEW and renowned Chartered Accountant on ECCTA? Don’t worry, you can now watch back this essential session at a time that suits you!

In this highly informative webinar, Julia provides a comprehensive update on the rapidly evolving regulatory landscape surrounding the Economic Crime and Corporate Transparency Act (ECCTA) and its significant implications for accountants and corporate service providers. As the financial and regulatory environment continues to become more complex, understanding these changes is vital for all firms seeking to remain compliant and avoid potential risks.

Key topics covered in the webinar include:

Current timelines for changes

Julia outlines the implementation deadlines associated with ECCTA changes, helping firms prepare for upcoming compliance requirements in a timely manner. Staying on top of these timelines is critical to avoid penalties and operational disruptions.

Identity Verification (IDV) requirements for Companies House

One of the core focuses is the new identity verification rules implemented for Companies House filings. Julia explains the updated procedures that accountants and firms must follow to ensure correct and secure verification of client identities when submitting confirmation statements to Companies House.

Registration as Authorised Corporate Service Providers (ACSPs)

The webinar navigates the criteria and obligations that require practices to register as ACSPs. Julia details who need to register, what this entails, and how registration affects day-to-day operations, ensuring your firm can assess and meet these requirements effectively.

New rules and guidance for ACSPs

Julia discusses the latest regulations and guidance that came into force in April 2025, clarifying how ACSPs must carry out identity verification. This clarity helps firms adjust their compliance procedures and avoid common pitfalls.

Differences Between IDV and Anti-Money Laundering (AML) Identification Requirements

Understanding the distinction between IDV requirements for Companies House and AML identification rules is fundamental to compliance. Julia breaks down these differences in detail, enabling firms to tailor their processes accordingly.

Want to know more about how Inform Direct makes ECCTA compliance easy?

To make compliance simpler and easier than ever, Inform Direct has launched a new integrated biometric identity verification feature. By partnering with Credas, the leading identity verification specialists, this new feature brings secure biometric ID verification seamlessly into your established Inform Direct workflow. Users that are registered with Companies House as Authorised Corporate Service Providers (ACSPs) will now be able to invite their clients to complete biometric identity checks from within Inform Direct.

Our recent webinar includes a live demonstration of how Inform Direct brings secure biometric ID verification seamlessly into your established workflow. Watch it now here

Whether you are an accountant, company secretary, or corporate service provider, this webinar is an indispensable resource for ensuring your practice stays updated with ECCTA regulations.

Catch the full webinar today, and equip yourself with the latest knowledge to confidently manage these important regulatory changes!

You’ll get:

• Current timelines for changes

• Identity verification requirements for Companies House

• The requirements for firms to register as Authorised Corporate Service Providers (ACSPs)

• New rules and guidance for ACSPs