Written Question·Department for Business and Trade·UIN 9665

Insolvency Service: Reform

Tabled: 16 October 2024

Answered: 22 October 2024

Question

Jodie Gosling

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential merits of reforming the Insolvency Service to ensure (a) greater transparency, (b) faster investigations and (c) greater accountability for insolvency pract

Answer

Justin Madders

The work of the Insolvency Service is kept under continual review by the Department and Ministers. The Insolvency Service, on behalf of the Secretary of State, performs a crucial function in overseeing the Recognised Professional Bodies’ regulation of Ins...

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