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The Electoral Commission said it had grounds to believe 'a number of criminal offences may have been committed' during the campaign.
European Parliament quaestor had urged investigation into £450,000 gifts.
Nigel Farage is facing an investigation by European parliament authorities over claims that he failed to declare nearly half a million pounds in gifts from an insurance tycoon under investigation by the National Crime Agency.
Nigel Farage was lavishly funded by Arron Banks in the year after the Brexit referendum, Channel 4 News has alleged, with the insurance tycoon providing him with a furnished Chelsea home, a car and driver, and money to promote him in America.
Labour MP seeks answers amid reports PM stymied security services in 2016.