Fraudsters are already exploiting the UK’s upcoming corporate transparency reform, sending phishing emails to company directors about supposed identity verification requirements.

Companies House has warned that these messages are fraudulent and urged recipients not to follow any of their instructions.

New Era for Corporate Transparency

From 18 November 2025, directors and people with significant control over UK companies must verify their identity with Companies House. The change forms part of a wider government plan to improve the integrity of corporate records and reduce fraudulent activity.

The rules will affect an estimated six to seven million individuals. New directors will need to verify their identity on appointment, while existing directors will do so when filing their next confirmation statement.

Significant shareholders will also be required to complete the process in line with their registration details.

Identity verification will be carried out through the official GOV.UK channels, either online or via the app. The transition period will run for 12 months, giving companies and individuals time to comply.

Early Fraud Risks

Even before the system launches, fraudsters are using it as a hook for phishing attempts. Companies House said: Officials have stressed that only GOV.UK should be used for verification, and directors should remain cautious of unsolicited requests.

The identity checks represent one of the most significant overhauls of UK corporate governance in decades. But with phishing scams already appearing, the reform faces an early test in balancing tighter oversight with protecting directors from new cyber risks.

Expect ongoing updates as this story evolves.

Source: Finance Magnates