Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to publish a review on insolvency regulations.

The Government continually monitors the UK’s world class insolvency regime to ensure that the legislation remains fit for purpose and forms part of the foundations of a strong economy in which access to credit is widely available for business and consumers.

My Rt hon Friend the Secretary of State, through the Insolvency Service, also acts as oversight regulator for the insolvency profession itself. The Insolvency Service will publish its next annual review of insolvency practitioner regulation in spring 2018. This publication provides detail of the regulation of the insolvency profession, including a review of activities undertaken by the Insolvency Service and action taken by regulators against their member insolvency practitioners.