New laws to protect company directors

The law covering Limited company directors is set to change later this year to protect individuals' identities from fraudsters.

From summer 2018, the regulations will allow company directors to remove their personal addresses from the official Companies House register.

The measure was introduced following research by fraud prevention organisation Cifas, which found that directors were "disproportionately targeted" by identity fraudsters.

Company directors are the victims of 1 in 5 identity thefts in the UK, making them twice as likely as any other member of the public to be targeted.

Cifas suggested this was down to the higher value of tangible assets owned by directors, along with the availability of their personal information.

Directors will still be legally required to provide their business address under the new laws, but this information will no longer be in the public domain.