The Economic Crime and Corporate Transparency Act 2023 (Financial Penalty) Regulations 2024 provide a framework for imposing financial penalties on businesses that fail to comply with certain provisions of the Economic Crime and Corporate Transparency Act 2023. These regulations aim to enhance transparency and combat economic crime by ensuring that businesses adhere to the law.
Overall, the Economic Crime and Corporate Transparency Act 2023 (Financial Penalty) Regulations 2024 play a crucial role in promoting transparency and integrity in business practices, encouraging compliance with the law, and deterring economic crime.
