Help us understand how you are making use of resources from the Open Ownership website by filling out this short survey
United Kingdom of Great Britain and Northern Ireland
The United Kingdom is one of the world’s leading jurisdictions when it comes to beneficial ownership transparency (BOT). As of November 2020, the Open Ownership (OO) technical team’s rapid assessment of the UK’s performance found that, overall, the UK aligns with the Open Ownership Principles (OO Principles), but that further work is required. In acknowledging the UK’s progress and role as a global leader, OO emphasised the need for the UK to improve data verification processes in order to be fully aligned with the OO Principles.
Companies House given new powers to fight economic crime and improve the quality of data on UK companies
Following months of debate and amendment, the UK’s company registrar has been granted new powers to fight economic crime, monitor the activities of suspicious companies and improve the quality of its data after the passage of a new law
Published: 26 October 2023