- First court action for identity verification offences brought by the Insolvency Service
- Three directors fined after failing to comply with requirements
- Convictions serve as a warning to directors: verify your identity or risk prosecution
Directors are being warned to verify their identities with Companies House or risk prosecution after the Insolvency Service secured its first convictions for these offences.
Jill White and Marc Dillon, directors of White (Reading Properties) Limited, and Modinat Banjo, director of J Isogony Apparel Limited, were fined at City of London Magistrates’ Court on Wednesday 16 September.
Identity verification is a central part of the Economic Crime and Corporate Transparency Act 2023, which…