Three company directors have been fined in the first prosecutions brought by the Insolvency Service for failing to comply with Companies House identity verification requirements.
Jill White and Marc Dillon, directors of White (Reading Properties) Limited, and Modinat Banjo, director of J Isogony Apparel Limited, were sentenced at City of London Magistrates’ Court yesterday.
The Insolvency Service said the convictions serve as a warning to directors that they must verify their identity or risk prosecution.
Identity verification is a central part of the Economic Crime and Corporate Transparency Act 2023, which strengthened the…