From Passive to Active: The Revolution at UK Companies House

The long-derided corporate registry is finally coming into its own as a central player in confronting the UK's role in global illicit finance. When the UK government opened its company register – Companies House – to public scrutiny in 2015, campaigners and journalists cheered. But as everyone dug into the data this revealed, the extent to which the register had become a central tool in global corruption, kleptocracy and criminality became clear; and the fact that Companies House had almost no powers to scrutinise, verify or exploit the data it had gathered confirmed everyone's worst fears, a position that was inexcusable. In this latest episode of the Suspicious Transaction Report, host Tom Keatinge is joined by Matt Pennell, Head of Intelligence at Companies House, to explore how the registry is being transformed from a library for unverified information – from all-comers in the world, and that it was obliged to accept – to an increasingly valuable intelligence tool in the fight against illicit finance in the UK and around the world.

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