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Consultation on Companies House reforms

6/6/2019

 
The government has launched a consultation on proposed reforms at Companies House, including a 'major upgrade' of its register.
​
The consultation aims to tackle misuse of the register. It also strives to provide business owners with 'greater protection from fraud'.
The consultation seeks views on a series of reforms to limit the risk of misuse:
  • knowing who is setting up, managing and controlling companies
  • improving the accuracy and usability of data on the companies register
  • protecting personal information on the register
  • ensuring compliance, sharing intelligence and other measures to deter abuse of corporate entities

Louise Smyth, Chief Executive of Companies House, said:
'This package of reforms represents a significant milestone for Companies House as they will enable us to play a greater part in tackling economic crime, protecting directors from identity theft and fraud, and improving the accuracy of the register.'

​The consultation is open until 5 August 2019.
Internet links: GOV.UK consultation GOV.UK news

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