Key Developments in the Registry World This Week
As we step into the new year, the registry world continues to evolve with key updates and developments across the globe. From regulatory changes to high-profile investigations, here’s a roundup of the top stories this week:
Welcome to this week’s edition of Registry News, where we highlight the latest updates, regulatory changes, and key developments in the registry world. Here’s a roundup of the top stories from around the globe:
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GLEIF and Companies House Link Up to Boost Identifiability and Discoverability of UK Businesses Globally
GLEIF and Companies House have partnered to enhance the global visibility and discoverability of UK businesses, improving identification processes for business operations worldwide. Read more -
Tackling Anonymous ‘Shell’ Companies to Clamp Down on Tax Abuse
A renewed global focus is being placed on tackling anonymous ‘shell’ companies to prevent tax abuse and money laundering. Read more -
Guernsey Businesses to Register with Data Protection Authority by End of February
Guernsey businesses must ensure they register with the Data Protection Authority before the February deadline to remain compliant with data protection regulations. Read more -
Australia: ASIC Appoints Scott Gregson as CEO
The Australian Securities and Investments Commission (ASIC) has appointed Scott Gregson as its new CEO, marking an important leadership change for the organization. Read more -
South Africa: Amendments to Companies Act Now in Effect
South Africa’s Companies Act has seen significant amendments that are now in effect, impacting business operations across the nation. Read more -
UK: Companies House New Powers to Fine for Incorrect Filings
UK businesses should be aware that Companies House now has the authority to issue fines for incorrect or late filings, making timely compliance more important than ever. Read more -
Philippines: eBoss Registers 6,396 Business Applications
The eBoss platform in the Philippines has successfully registered 6,396 business applications, streamlining the registration process for entrepreneurs. Read more -
UK Businesses Eye AI as a Cheaper, Non-Whining Alternative to Actual Staff
UK businesses are increasingly turning to artificial intelligence (AI) as an affordable and efficient alternative to human employees. Read more -
US: Montanans Set Record in New Business Registrations Last Year
In the United States, Montana has set a new record for new business registrations, signaling an entrepreneurial boom in the state. Read more -
UK: New Rules Allow Companies House to Share Non-Public Information with Insolvency Officeholders
New regulations enable Companies House to share non-public information with insolvency officeholders, offering greater transparency during insolvency proceedings. Read more -
UK: Companies House to Provide Option to Hide Residential Addresses
UK businesses will soon have the option to hide residential addresses on public records, offering enhanced privacy protections for business owners. Read more -
US: SEC Charges Elon Musk for Violating Beneficial Ownership Reporting Requirements
The U.S. Securities and Exchange Commission (SEC) has charged Elon Musk for violating federal beneficial ownership reporting requirements. Read more
- BONUS: IACA's Merit Awards Submissions Open Until February 28th
The International Association of Commercial Administrators (IACA) is accepting submissions for its Merit Awards until February 28th, recognizing innovative change in business registry jurisdictions. Read more
Stay updated by visiting often our "Registry News Weekly" summary and the Foster Moore blog for more insights on these stories and other key registry news.
We Want to Hear From You!
Are there important developments or news about your registry that you’d like to share with the wider registry community? We invite registry professionals and organizations to submit news for inclusion in our weekly digest. Submit your updates to press@fostermoore.com and help us keep the registry world informed!