questionText: To ask the Secretary of State for Business and Trade, with reference to the Third progress report on the implementation and operation of Parts 1 to 3 of the Economic Crime and Corporate Transparency Act 2023, what was the total value of the 401 penalty notices which were not reversed, waived or written off; what was the total value of the 144 penalty notices reversed, waived or written off; and what is the total value of penalty notices which have been paid to date.
answerText: Since the commencement of the Register of Overseas Entities regime, up to 31 March 2026, financial penalties have been issued to 445 overseas entities. Of these, 245 penalties with a total value of £13.19 million have been reversed, waived or written off,...
heading: Companies: Registration