Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Banks on High Alert as ‘Rogue’ Companies House Filings Surface

by March 4, 2024
March 4, 2024
Banks on High Alert as ‘Rogue’ Companies House Filings Surface

Britain’s major banks have been placed on high alert following the discovery of hundreds of ‘rogue’ filings apparently lodged at Companies House, the UK’s central corporate register.

A note issued by UK Finance, the banking trade association, has cautioned its members about approximately 800 forms pertaining to the discharge of financial liabilities, which were submitted to Companies House towards the end of last month.

The notice, marked as “Urgent” upon circulation last week, informed banks that UK Finance had notified both Companies House and the Department for Business and Trade about the matter.

Although the circumstances surrounding the filings remained unclear as of Sunday, industry executives have raised concerns about potential fraud or hacking of the Companies House register.

UK Finance, in its memo, highlighted that several members and law firms had raised concerns about “apparently erroneous satisfaction of security (registered charges) on Companies House” concerning numerous live business clients.

In a subsequent update issued on Friday, it was revealed that approximately 800 rogue filings related to 190 companies had been identified. UK Finance emphasized that despite incorrect entries in the register stating that charges had been satisfied, such charges remained valid and enforceable.

Companies House has acknowledged the issue.

One source described the situation as “deeply alarming” and expressed disappointment that Companies House was planning to raise its fees in May despite vulnerabilities to rogue corporate filings.

In response to an inquiry from Sky News, a Companies House spokesperson stated, “We are aware of this matter and we are looking into it.”

UK Finance declined to provide further comments on the issue.

Read more:
Banks on High Alert as ‘Rogue’ Companies House Filings Surface

0
FacebookTwitterGoogle +Pinterest
previous post
Chancellor Downplays Tax Cut Expectations, with £800m Tech Package to Boost Public Sector Efficiency Revealed
next post
Banks Under Fire for Shortchanging Small Businesses

You may also like

Labour’s VAT on private school fees triggers surge...

November 11, 2024

Will HMRC ever be able to deliver Making...

December 21, 2022

UK business confidence jumps to nine-month high as...

May 30, 2025

Growing the right way

August 20, 2024

Brexit has failed, Macron to tell Britain

February 3, 2025

Fintech Payrow Offers Tools for Financial Management and...

January 27, 2023

Royal Mail on Brink of £3.5bn Takeover by...

May 29, 2024

King Charles urged to use his reign to...

May 1, 2023

Gordon Ramsay’s restaurant group reports £12m in pandemic...

August 5, 2022

Ryanair warns of flight cuts in the UK...

October 17, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • WATCH: Trump says he is hopeful Hillary Clinton will be investigated for election fraud

      August 1, 2025
    • Trump moves nuclear submarines weeks after praising sub’s power in Iran strikes

      August 1, 2025
    • Recess on ice as Republicans hunker down for high-stakes nominee blitz

      August 1, 2025
    • Iran says it has ‘plenty of scientists’ left to restart uranium enrichment, despite US, Israeli strikes

      August 1, 2025
    • No, Tariffs Are Not Similar to Consumption Taxes Like a VAT

      August 1, 2025
    • Trump repositions 2 nuclear submarines after ‘highly provocative’ Russian comments

      August 1, 2025

    Categories

    • Business (8,651)
    • Investing (2,168)
    • Politics (16,281)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved