Part 1: Companies House Reform Overseas companies Section 101: Overseas companies: identity verification of directors
This section inserts new section 1048B into the Companies Act 2006.
	This section applies identity verification requirements to directors of overseas companies that are required to register particulars under section 1046. These companies are governed by the laws of other jurisdictions and operate in the UK.
	The new section 1048B creates powers for the Secretary of State to make provisions by regulations (under the negative procedure) requiring that each overseas company director is verified and that relevant statements (such as statements confirming that the director is verified) are delivered to the Registrar.
	The regulations may also include the provision for such statements to be withheld from the public register, provision for the application of the prohibition on acting as a director unless ID verified (section 167M) and provision for applying the exemption from identity verification on national security grounds (section 1110C).