International Good Practices in Business Registers
Tim Moss
United Kingdom
3.2m
10
530,000
235,000,000 240 MILLION
90,000
298,000,0009981
8.7m
Good Practice?
Why?
Making Limited Liability Work
The Information Exchange
Who / What is a Company?
To make limited liability work we balance
The need for integrity with
ease of doing business, lifting burdens to give
Corporate transparency
Ease of
doing business
Integrity
Transparency
Burdens
Integrity Complete Current
Correct
– Challenges
Accounts Compliance 99.1%Annual Return Compliance 98.2%
Organisations Companies House
works with on Fraud
Ease of doing business
Better regulation Customers insight Usability Designed for customer needs
Leaving companies free to concentrate on growing their businesses
Transparency Data in data out Standard formats Open Linkable Reduces burden More data Global interconnection
Open data – accessible and free URI APP XML gateway iXBRL bulk service Free bulk product Data formats: RDF, JSON, XML, CSV,
YAML & HTML
Companies House Open Data:
Free Information
Free Information
250% - 500% increase New uses Increases corporate transparency Many eyes increases quality
Strategy for Full Open data
– 2015?
Companies House Open Data:
90,000
99%
130m
Current services
Companies House Service
The future
• Digital• Current & True• Open
good practice?