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<p>The Government is aware that limited partnerships are being misused by rogue actors. This is why we legislated for reform of the law governing limited partnerships via the Economic Crime and Corporate Transparency Act 2023.</p><p>Under these reforms, much more information will be required on the partners of all limited partnerships, leading to greater transparency. Companies House will also have greater powers to challenge, reject, share and remove suspicious information relating to limited partnerships.</p><p>In addition, the new Companies House intelligence hub will use data science to identify patterns and crack down on those trying to dodge the new requirements.</p> |