Key News in the Registry World This Week
Big things are happening in the registry world this week! From AI-driven company registrations to mass deregistration and the impact of global economic shifts, the latest updates are shaping the future of business and compliance.
It’s been another eventful week in the registry world, with significant developments across the globe. Here’s a roundup of the key stories:
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Nepal: Office of the Company Registrar Launches SMS Service
The Office of the Company Registrar in Nepal has introduced an SMS service to help businesses stay connected and updated on essential registration processes. Read more -
US: Corporate Transparency Act Blocked Despite Supreme Court Decision
The US Corporate Transparency Act is still blocked, despite a Supreme Court ruling, leaving businesses and regulators awaiting further decisions. Read more -
South Africa: Mass Deregistration of Non-Compliant Companies Announced
The Companies and Intellectual Property Commission (CIPC) in South Africa has announced plans for a mass deregistration of companies that have failed to meet their regulatory obligations. Read more -
UK: Record Number of Company Closures Amid Challenging Environment
The UK has experienced its highest number of company closures in two decades as businesses face a tough operating environment. Read more -
Nigeria: AI-Powered Portal to Simplify Company Registrations for SMEs
The Corporate Affairs Commission (CAC) in Nigeria has unveiled plans to launch an AI-powered company registration portal designed to simplify and expedite the registration process for SMEs. Read more -
Canada: B.C. Launches Registry for Short-Term Rentals
British Columbia is rolling out a new registry for short-term rentals, as part of efforts to manage the growing sector. Read more -
Kurdistan: Nearly 40,000 Companies Registered in Kurdistan
Kurdistan has seen nearly 40,000 companies register, with Turkey and Iran leading the foreign presence. Read more -
Ukraine: Attack on Government Registers as a War Tactic
In Ukraine, government registers have been targeted as part of the ongoing war effort. Read more -
British Virgin Islands: Government Seeks Input on Company Register Access
The British Virgin Islands government is seeking input from the public on improving access to its company registers. Read more -
Ghana: New Classification System for Businesses Introduced
The Office of the Registrar of Companies in Ghana has launched a new classification system aimed at improving business operations. Read more -
New Zealand: Company Liquidations Reach 10-Year High
New Zealand is experiencing a surge in company liquidations, reaching a 10-year high. Read more -
Nigeria: NIN-Enabled Farmer Registry to Boost Agriculture
The Nigerian government has launched a NIN-enabled farmer registry to support the agricultural sector and boost food security. 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.
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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!