Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to ensure strict anti-money laundering and identity checks for directors are in place at the point of company formation on Companies House.

The Government has already committed to introduce identity verification for all directors at the point of incorporation with Companies House. Third parties that seek to form companies are already required to be supervised for anti-money laundering purposes. Under the reforms announced by the Government in September 2020, third parties will be required to register with Companies House and have their supervision confirmed before they will be permitted to request company formations.