RUSI’s Centre for Financial Crime and Security Studies (CFCS) invites you to a fireside chat with Companies House.
The UK has played a leading role in increasing company ownership transparency by making its company registry publicly accessible since 2016. Despite this welcome move, successive global money-laundering scandals, including the recent so-called FINCEN Files, have continued to highlight the attractiveness of UK companies to abuse by global criminals and kleptocrats, attracted perhaps by the low cost and ease of company formation in the UK and the (currently) unverified nature of the data.
Recognising these shortcomings, the UK’s Economic Crime Plan made reform of Companies House a priority and following a consultation in 2019, the Government brought forward its proposals to reform Companies House in September 2020. These include plans to introduce compulsory identity verification to help deter and detect fraud and money-laundering; and giving Companies House greater powers to query, investigate and remove false information in the register.
In this discussion, RUSI CFCS Associate Fellow Helena Wood will be joined by Martin Swain, Director of Policy, Strategy and Planning at Companies House, to introduce the new Companies House strategy and its emerging role in tackling financial crime and the potential framing of future legislation to aid the registrar in protecting UK corporate integrity.
We look forward to welcoming you to this discussion.
This event is 'open to all'. To take part you must pre-register no later than 25 February using the ‘Register Now’ button above.
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