Ceased or suspended Authorised Corporate Service Providers (ACSPs)

ACSPs act as gatekeepers under the Economic Crime and Corporate Transparency Act 2023, performing identity verification and filing services for companies. For financial services compliance teams, this list is a critical due diligence tool: any reliance on a suspended or ceased ACSP for customer due diligence, KYC, or Companies House filings could result in regulatory breaches, invalid submissions, or AML exposure. Firms should immediately cross-check their third-party providers, including outsourced corporate secretarial, formation agents, and ID verification vendors, against the list.

Where an affected ACSP is identified, assess whether previous verifications or filings remain valid, notify impacted clients, and transition to an authorised provider. Review outsourcing and third-party risk frameworks to include ongoing ACSP status monitoring. Document all checks for audit purposes.

The publication also signals increased Companies House enforcement, so expect heightened scrutiny of ACSP compliance. Opportunities exist for RegTech providers offering automated ACSP status tracking and for firms with robust in-house verification capabilities to differentiate on compliance assurance. Action now: verify provider status, update contracts, and train staff on ACSP requirements.