The government has launched a consultation on reforms proposed for 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.’
From start-ups to established SMEs or larger organisations looking for senior input with a fresh perspective,
we’re here to help whichever stage of the business life-cycle you happen to be at.
Whether that means simple yearly accounts, a fully outsourced Financial Director function or high-level business strategy,
we offer comprehensive and flexible accounting packages to suit your needs.
Get in touch with the team if you have any questions about this article.
Consultation on Companies House reforms
Companies House: Consultation on reforms
The government has launched a consultation on reforms proposed for 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:
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.
For more information please visit: GOV.UK consultation GOV.UK news
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From start-ups to established SMEs or larger organisations looking for senior input with a fresh perspective,
we’re here to help whichever stage of the business life-cycle you happen to be at.
Whether that means simple yearly accounts, a fully outsourced Financial Director function or high-level business strategy,
we offer comprehensive and flexible accounting packages to suit your needs.
Get in touch with the team if you have any questions about this article.
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