Insights: Corporate governance

The Kingdom of Saudi Arabia has become one of the richest economies in the world through its vast oil reserves, but it is now in the process of pivoting into other markets such as tourism, entertainment, technology, and renewables in line with its Vision 2030 strategy.

You can find more information and background on these topics in our earlier updates on identity verification and changes…

The Economic Crime and Corporate Transparency Act (the Act) received Royal Assent on 26 October 2023, gradually bringing in new provisions to tackle economic crime and create corporate transparency. The Act is aimed at tackling abuse of corporate structures by introducing some major changes for companies and their officers.

In this webinar Stacey Brown discusses the changes to The Economic Crime and Corporate Transparency Act, as well as…

A major change which is being introduced is the mandatory identity verification for all new and existing registered company directors, People with Significant Control and those delivering documents to the Registrar