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Companies House blog: “Building trust in our data, cracking down on economic crime and supporting growth”

Link(s):Companies House strategy: Building trust in our data, cracking down on economic crime and supporting growth – Companies House

Context

Companies House has published an article supporting its recently published five-year strategy, written by Andy King (Chief Executive and Registrar of Companies for England and Wales).

Key points to note and next actions

  • The article sets out that Companies House has been offering free access to its data for 10 years, that it has been a pioneer in truly open business registers, and that its openness has created enormous value for the UK economy.
  • Companies House wants to ensure that its registers deliver greater value for legitimate businesses whilst stopping the criminals who try to abuse them.
  • By 2030, Companies House wants to be known as the trusted guardian of corporate transparency. That means when someone looks up a UK company anywhere in the world, they can be confident the information they’re seeing is accurate, up-to-date, and reliable.
  • For business owners, this means operating in a fairer, more equitable business landscape, where legitimate companies which play by the rules can thrive. For every citizen, it means better protection from economic crime and a stronger, more trustworthy business environment.