Asked by: Margaret Hodge (Labour - Barking)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, with reference to the oral contribution of the Minister for Investment to the debate on the Economic Crime and Corporate Transparency Bill in the House of Lords on 27 March 2023, Official Report, column 1GC, whether she plans to publish a consultation on expanding shareholder information in the Companies House register.
Answered by Kevin Hollinrake - Minister of State (Department for Business and Trade)
The Economic Crime and Corporate Transparency Bill includes measures to reform the role of Companies House and improve transparency over UK companies. This includes a package of measures to strengthen shareholder information requirements whilst ensuring the appropriate balance is struck to avoid imposing disproportionate burdens on business. The Government is mindful of stakeholder concerns expressed in response to the Government’s 2019 consultation. This is why the Government would first consult stakeholders about what, if any, additional information it would be proportionate to require.
Asked by: Margaret Hodge (Labour - Barking)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, with reference to the review of the whistleblowing framework announced by her Department on 27 March 2023, whether that review will consider the potential merits of establishing an independent Office of the Whistleblower.
Answered by Kevin Hollinrake - Minister of State (Department for Business and Trade)
The review will consider evidence related to the effectiveness of the whistleblowing framework in meeting its intended objectives: to enable workers to come forward to speak up about wrongdoing, and to protect those who do so against detriment and dismissal.
The full Terms of Reference for the review are published at: https://www.gov.uk/government/publications/review-of-the-whistleblowing-framework/review-of-the-whistleblowing-framework-terms-of-reference.