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Register of Members (basic) including Economic Crime & Corporate Transparency Act changes

CO.REG.44

The Economic Crime & Corporate Transparency Act 2023 (ECCTA) has made changes to the register of members. Most significantly this includes (1) removing the option to keep the register on the central register at Companies House, therefore the register of members must be maintained as an internal local register; (2) a new definition of a member’s name whereby a forename and surname must be included with no initials or abbreviations allowed, and (3) greater powers for a company to obtain information from members.

In consideration of these changes, the template register of members has been updated. 

Further information in relation to the register of members can be found in our guidance note which includes a discussion of where the register must be kept, the inspection regime, the obligations on companies to comply with requests for inspection as well as the changes that have been implemented under the ECCTA.

Given the inspection regime, the statutory register should only include the information required by statute and not any additional information. Additional information may be included in an alternative internal company register separate from the statutory register. See our long form register of members which includes more detail.

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Register of Members (basic) including Economic Crime & Corporate Transparency Act changes is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.

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