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<p>Individuals setting up a company must provide information on who ultimately owns
and controls the company and keep this information up to date, in line with the requirements
of the People with Significant Control register. It can assist law enforcement in
their investigations of alleged criminal behaviour, including money laundering. Companies
House carries out a number of checks on all information received, ensuring it is valid,
complete, and in compliance with company filing requirements. When it detects or receives
intelligence relating to suspicious actions, including possible money laundering,
Companies House will report the information to the relevant enforcement body. The
UK’s anti-money laundering regime is currently being evaluated by the Financial Action
Task Force, which will report in due course. Following this evaluation, the Government
will consider areas where the anti-money laundering framework can be improved.</p>
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