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Written question asked by William Wragg (Conservative) on Friday, 15 October 2021, in the House of Commons. It was due for an answer on Wednesday, 20 October 2021 (named day). A holding answer was provided on Wednesday, 20 October 2021. A substantive answer was provided by Paul Scully (Conservative) on Thursday, 21 October 2021 on behalf of the Department for Business, Energy and Industrial Strategy.


Insolvency: Standards

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to identify potential failures in the insolvency industry; and whether his Department has made an assessment of the potential merits of introducing a single regulator and ombudsman to oversee that industry.

Answer

The Government is currently reviewing the arrangements for regulation of the insolvency profession and will shortly publish proposals for consultation.


Secondary information

Type
Written question
Reference
56362
Session
2021-22
Related items
Insolvency: Standards
Friday, 12 November 2021
Written questions
House of Commons
Subjects
Insolvency Public appointments Standards Regulation
Link
View this Written question on www.parliament.uk