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?