The UK has published the Economic Crime and Corporate Transparency Act 2023 (Commencement No. 3) Regulations 2024, marking a significant step towards enhancing corporate transparency. Businesses are reminded of the impending January 1, 2025 deadline for mandatory filings under the Corporate Transparency Act. Legal experts are advising companies to prepare for compliance to avoid potential penalties. Various legal and financial services are emphasizing the importance of understanding the requirements and implications of the Act ahead of the deadline, as businesses may be running out of time to file appropriately.