keep The Companies and Limited Liability Partnerships (Protection and Disclosure of Information and Consequential Amendments) Regulations 2024
This regulation strengthens privacy protections for directors' and LLP members' residential addresses in public company registers by creating an application process to remove such addresses from public inspection, limiting disclosure exceptions, and extending these protections to LLPs while removing redundant provisions.
Deleting this regulation would expose business owners and officers to serious risks including stalking, harassment, and identity theft, as their home addresses would become publicly accessible via company registers. The regulation mitigates harm from the existing mandatory disclosure system without imposing significant new compliance costs. Privacy is a fundamental property right; state-mandated disclosure of personal information must be minimized. Removing these safeguards would constitute a violation of personal security and invite dangerous consequences for innocent individuals, with no offsetting gain to economic freedom or market functioning.