Companies (Miscellaneous Reporting) Regulations 2018

(asked on 3rd March 2021) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Companies (Miscellaneous Reporting) Regulations 2018, what assessment he has made of the number of in-scope companies that failed to comply with provisions mandating reporting on matters in section 172(1) of the Companies Act 2006.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 12th March 2021

As reporting under the requirement was required for accounting years beginning on or after 1 January 2020, we are only now seeing the results of the first year of reporting. Many companies within scope of these requirements benefited from an extension to filing requirements as a result of the Covid 19 pandemic. We will consider the results of ongoing monitoring to identify any shortfalls in compliance and will consider what action is needed on the basis of the findings.

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