Economic Crime and Corporate Transparency Act 2023 and MBridge: Difference between pages

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(Created page with "{lowercase}''Cash management - treasury - banking - central bank digital currencies (CBDC) - cross-border remittances - multi-country arrangements.'' Project mBridge (mCBDC or m-CBDC). A multi-CBDC arrangement would be a joint agreement between countries to facilitate more efficient and lower-cost cross-border remittances, using CBDCs. For example, the ''mBridge'' or "m-CBDC Bridge" project for collaboration initiated in 2021 between China, Thailand and the United...")
 
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''Company law - companies registries - UK.''
{lowercase}''Cash management - treasury - banking - central bank digital currencies (CBDC) - cross-border remittances - multi-country arrangements.''


(ECCTA).
Project mBridge


The UK Economic Crime and Corporate Transparency Act adds the following objectives to the company registrar's functions:


:1. To ensure that any person who is required to deliver a document to the registrar does so (and that the requirements for proper delivery are complied with).


:2. To ensure that information contained in the register is accurate and that the register contains everything it ought to contain.
(mCBDC or m-CBDC).


:3. To ensure that records kept by the registrar do not create a false or misleading impression to members of the public.
A multi-CBDC arrangement would be a joint agreement between countries to facilitate more efficient and lower-cost cross-border remittances, using CBDCs.


:4. To prevent companies and others from:
::(a)carrying out unlawful activities, or
::(b)facilitating the carrying out by others of unlawful activities.


 
For example, the ''mBridge'' or "m-CBDC Bridge" project for collaboration initiated in 2021 between China, Thailand and the United Arab Emirates.
Reporting responsibilities and burdens on companies and their officers are increased in line with these objectives.




== See also ==
== See also ==
* [[Companies House]]
* [[Central bank]]
* [[Companies registry]]
* [[Central bank digital currency]]
* [[Company]]
* [[Crypto-assets]]
* [[Company law]]
* [[Cryptocurrency]]
* [[Criminal law]]
* [[Currency]]
* [[Economic crime]]
* [[Digital currency]]
* [[Law]]
* [[Distributed ledger]]
* [[Limited company]]
* [[e-krona]]
* [[Officer]]
* [[e-money]]
* [[Private company]]
* [[Fiat currency]]
* [[Registrar of Companies]]
* [[Libra]]
* [[Transparency]]
* [[Money]]
* [[WebCHeck]]
* [[Multi-CBDC arrangement]]
 
* [[Sand Dollar]]
 
== External link ==
* [https://www.legislation.gov.uk/ukpga/2023/56/enacted UK Economic Crime and Corporate Transparency Act 2023 - text]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_risk_management]]
[[Category:Risk_frameworks]]
[[Category:The_business_context]]
[[Category:The_business_context]]

Revision as of 20:47, 24 July 2024

{lowercase}Cash management - treasury - banking - central bank digital currencies (CBDC) - cross-border remittances - multi-country arrangements.

Project mBridge


(mCBDC or m-CBDC).

A multi-CBDC arrangement would be a joint agreement between countries to facilitate more efficient and lower-cost cross-border remittances, using CBDCs.


For example, the mBridge or "m-CBDC Bridge" project for collaboration initiated in 2021 between China, Thailand and the United Arab Emirates.


See also

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