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Insolvency: Standards

Question for Department for Business, Energy and Industrial Strategy

UIN 56362, tabled on 15 October 2021

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.

This answer is the replacement for a previous holding answer.

Answered on

21 October 2021

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

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.