UK Companies House claims early success in IDV process, corporate records cleanup

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UK Companies House says its identity verification rollout is progressing well and has already linked more than 3.8 million people to corporate records. The agency expects another six to seven million individuals to complete verification by November, which keeps the compliance program in a large active rollout phase. It also removed 151,000 company addresses from the register to reduce identity hijacking and strengthen corporate records. Companies that miss the deadline now face financial penalties, escalation to the Insolvency Service, and possible prosecution.

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