Written Question·Department for Business and Trade·UIN 39415

Audit, Reporting and Governance Authority

Tabled: 19 March 2025
Answered: 24 March 2025
Named Day

Question

Mary Glindon

LabourNewcastle upon Tyne East and Wallsend

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

Justin Madders
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...

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