Multinational Companies
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to ensure greater oversight of UK-based multinational corporations.
Answered by Justin Madders
As set out in the King’s Speech, the Government will publish a draft Audit Reform and Corporate Governance Bill to strengthen audit and corporate governance oversight of corporations including UK-based multinationals. The draft Bill will uphold standards and independent scrutiny of companies’ reporting and governance, supporting investment and economic security.
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