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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has plans to create a single, independent regulatory body for insolvency practitioners before his power to do so expires in 2022 in accordance with the Small Business, Enterprise and Employment Act 2015.

The Government has conducted a call for evidence on Insolvency Practitioner regulation, which included seeking evidence and views on possible reforms of the regulatory framework. The Government will publish its response in due course.