M

Member

Speaking in the House of Lords on 10 September 2025

Debate

Limited Liability Partnerships (Application and Modification of Company Law) Regulations 2025

Contribution

I begin with the Limited Liability Partnerships (Application and Modification of Company Law) Regulations 2025, which rightly extend key transparency and verification measures to LLPs. By bringing LLPs more closely in line with traditional company structures, especially in terms of identity verification and reporting requirements, this instrument closes off another avenue through which bad actors could exploit corporate law. The provisions that the Conservative Government made delivered great strides in introducing identity verification for directors and those with significant control in standard companies. Extending those requirements to LLPs is a logical and welcome next step. It is encouraging to see the Government now acting in the same spirit of those reforms.

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