As many of the subscribers to this Forum will know, significant parts of the Economic Crime and Corporate Transparency Act 2023 have yet to come into force, and still other aspects require development and implementation through secondary legislation. One significant omission from ECCTA, which applies to companies and limited partnerships (LPs), was corresponding provision for LLPs.
Some provision was made earlier this year via the Limited Liability Partnerships (Application of Company Law) Regulations 2024, but these have barely scratched the surface, and we await future LLP legislation to explain how provisions currently applicable to companies and/or LPs would apply (if at all) to LLPs.
I've published a short piece on some of the potential gaps in the legislation through openDemocracy, and if you interested in reading it, it is at:
https://www.opendemocracy.net/en/how-to-fix-dark-money-new-uk-government/
Best wishes
Elspeth