Corporate Governance
The question
To ask the Secretary of State for Business and Trade, whether he plans to bring forward legislative proposals on corporate governance.
Answered by Justin Madders
The Government intends to upgrade the existing reporting and audit regulator, to expand the regulator’s scrutiny to the largest private companies and to hold company directors to account for serious failures in their duties connected with company accounts.
It will bring forward its planned legislation when Parliamentary time allows.
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