Business: Counter-terrorism and Sanctions
The question
To ask the Secretary of State for Business and Trade, what processes are in place to ensure that companies registered with Companies House are not linked to organisations subject to UK sanctions or counter-terrorism measures.
Answered by Blair McDougall
Companies House supports the enforcement of UK sanctions and counter‑terrorism measures and works closely with partners across Government to prevent misuse of the register. UK sanctions law prohibits designated persons from forming, acting as a director of, or being involved in managing a UK company under the Counter‑Terrorism (Sanctions) (EU Exit) Regulations 2019. These financial sanctions also extend to entities owned or controlled by designated persons.
Companies House uses identity verification, enhanced data sharing with government bodies, the UK Sanctions List, and reporting channels operated by the Office of Financial Sanctions Implementation to help prevent sanctioned individuals from exploiting the register.
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