Economist Corporate Transparency
| Dyddiad hysbysebu: | 13 June 2024 |
|---|---|
| Cyflog: | £53,560 to £63,481 per year |
| Gwybodaeth ychwanegol am y cyflog: | National - £53,560 - £60,118; London - £57,026 - £63,481 |
| Oriau: | Full time |
| Dyddiad cau: | 07 July 2024 |
| Lleoliad: | Cardiff |
| Cwmni: | Government Recruitment Service |
| Math o swydd: | Permanent |
| Cyfeirnod swydd: | 352017/3 |
Crynodeb
The Company Law and Governance Directorate are hiring a Grade 7 Economist to lead on analysis covering company law and corporate transparency:
- Do you want to make a difference by promoting corporate transparency and tackling economic crime - a key priority for the Department for Business and Trade?
- Are you looking to lead on high-profile analysis with cross Parliament interest?
- Are you looking for an analytical role directly supporting and shaping policy development?
- Do you want the opportunity to work with a wide variety of stakeholders, including policy, lawyers, analysts in DBT and in other Government Departments/Agencies?
Companies House registers five million companies in the UK. The company register is accessed over fourteen billion times a year, informing many business and lending decisions. However, recent years have seen misuse, particularly in the use of anonymous or fraudulent ‘shell’ companies. These provide criminals with a veneer of legitimacy to help commit a range of crimes, from corruption and money laundering to fraud and identity theft.
To tackle this, the Government introduced the biggest reforms to Companies House in the organisation’s history. These include:
- Introducing identity verification for all company directors, People with Significant Control, and those delivering documents to the Registrar.
- Increasing the Companies House Registrar’s powers enabling them to become a more active gatekeeper over company creation.
- Improving financial information on the register so that it is more reliable, complete and accurate, enabling better business decisions.
These changes build upon reforms introduced in 2022 in response to Russia’s invasion of Ukraine. These prevent and combat the use of land in the UK for money laundering purposes by increasing the transparency of who owns properties relating to overseas companies in the UK.
This post will provide analytical advice on the impact of the Register and reforms to it. The post involves line management of at least one junior analyst. The analytical team is led by a Grade 6 and supports the whole of the Directorate, which also covers areas such as non-financial reporting, corporate governance, and boardroom diversity.
As the Corporate Transparency Economic Adviser, you will:
- Deliver analysis for the secondary legislation following the Economic Crime and Corporate Transparency Act, with over fifty Statutory instruments due to be laid.
- Lead on monitoring the reforms to Companies House. This includes regularly updating seniors and Ministers on progress and working closely with analytical counterparts at Companies House.
- Develop analytical products to support policy making, such as Post Implementation Reviews and ad hoc policy/ministerial requests. This can involve working with large datasets e.g. FAME, Companies House data.
- Engage with Companies House analysts on longer term research projects, including evaluating the effectiveness of the reforms to Companies House.
- Team lead for the Economic Crime Plan 2 – working both with the public and private sectors to continue to transform the UK’s response to economic crime.
- Promote corporate transparency analysis and within the Department, across government and externally.
- Provide ongoing analytical support for the policy changes following the Economic Crime (Transparency and Enforcement) Act 2022, introducing the Register of Overseas Entities.
- Manage and help to develop at least one junior analyst.