Directors: Regulation
The question
To ask the Secretary of State for Business and Trade, what recent assessment he has made of the effectiveness of regulations allowing dormant companies to be appointed to (a) statutory and (b) regulatory roles.
Answered by Blair McDougall
It may be appropriate for dormant companies to hold some statutory or regulatory roles. No recent assessment has been undertaken across all statutory and regulatory roles. The Government keeps company law, as a whole, under regular review and makes changes when issues arise. If there is evidence of an issue, the department is happy to look into it.
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