Written questions

Audit, Reporting and Governance Authority

Commons · Question 39415 · Tabled 19 Mar 2025 · Department for Business and Trade · Official record

Answered 24 Mar 2025

Question

Asked by Mary Glindon

To ask the Secretary of State for Business and Trade, if he has made an assessment of the potential merits of giving the Audit, Reporting and Governance Authority the statutory power to sanction all company directors.

Answer

Answered by Justin Madders, 24 Mar 2025

As announced in the King’s speech, the Government intends to publish a draft Audit Reform and Corporate Governance Bill in due course. We expect the Bill to include further details on the proposed directors’ enforcement regime, including in respect of the...