Companies House: ‘Enabler of illegal activity’
Sarah Wood, 05 July 2021
Many of us routinely use Companies House to check the legitimacy of a business, yet an investigation by The Sunday Times has shown it may not be a reliable source of information.
Every UK business has to be registered with Companies House, but the investigation has revealed that the organisation carries out only basic checks on the information it is given and has no statutory power to verify the accuracy of the information it receives. As a result of the limited checks, UK companies registered with Companies House are involved in money laundering on an industrial scale. Continue reading “Article: Companies House: ‘Enabler of illegal activity’”
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