To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 10 January 2018 to Question 121070, how many staff at Companies House monitor the accuracy of data on the beneficial ownership register for companies; and how many of those staff have been recruited in the past 12 months.
22 January 2018
Companies House carries out systematic checks on all information received, ensuring that it is valid, complete and in compliance with company law filing requirements. This includes people with significant control (PSC) information provided on incorporation and throughout the life of a company.
Companies House is committed to ensuring companies comply with the requirements of the PSC regime, our current compliance rate is 98%. There are 20 staff employed to deal with PSC compliance activities and 18 of these have been recruited in the last year. They will recruit further staff this year.