We strongly support the proposal for fundamental reform of Companies House (CH), including verification checks of the identities of key individuals on the register, as addressing a key vulnerability in the UK regime for fighting economic crime. The private sector expends significant activity and effort into double checking CH data, detracting costs and resources from tackling high value activity to reduce economic crime. Recently the Public Private Threat Update, produced by the NECC, highlighted the abuse of companies as a significant money laundering risk. It is important that CH dedicates proper resourcing and priority to mitigating these risks in the short, medium and longer term. Government should also ensure that CH plays a full part in the wider economic crime reform agenda.