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Lord Fox (LD)

Speaking in the House of Lords on 13 January 2025

Debate

Registrar (Identity Verification and Authorised Corporate Service Providers) Regulations 2024

Contribution

With the Committee’s permission, I have just one question that I had meant to ask the Minister. It is around the obligation to retain identity information over seven years, which the noble Lord just mentioned. In the event of the ACSP going out of business, what is the expectation of how that information, which would not otherwise be retained, would be retained for the potential use of Companies House?

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