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Companies House: Reform

Question for Department for Business, Energy and Industrial Strategy

UIN 811, tabled on 11 May 2022

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Answer of 4 February 2022 to Question 113150, what plans he has to bring forward legislative proposals to give Companies House powers to query and check information and identity verification.

Answered on

17 May 2022

The Government will be introducing a Bill on Economic Crime and Corporate Transparency this parliamentary session. The Bill will include reforms to broaden the Registrar of Companies’ powers so that she becomes a more active gatekeeper over company creation and custodian of more reliable data – including new powers to check, remove or decline information submitted to, or already on, the Company Register. The Bill will also include identity verification checks for people who manage, own and control companies and other UK registered entities. This will improve the accuracy of Companies House data, to support business decisions and law enforcement investigations.