The Economic Crime and Corporate Transparency Act (the ECCTA) received Royal Assent on 26 October 2023, following over a year of debate and amendment as it progressed through Parliament. It is a broad and comprehensive piece of legislation which aims to tackle the use of the UK’s corporate, real estate and business sectors by criminals for nefarious purposes and address the reputation London sometimes has as a place where money laundering and fraud are commonplace.
https://www.linklaters.com/en/insights/blogs/businesscrimelinks/2023/october/the-economic-crime-and-corporate-transparency-act-receives-royal-assent/