Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government whether they will publish a table showing the number of (1) civil, and (2) criminal, prosecutions brought by the Insolvency Service against insolvency practitioners for abusive practices.
Insolvency Practitioners are regulated by Recognised Professional Bodies, which are monitored by the Insolvency Service. It publishes an annual review of Insolvency Practitioner regulation on Gov.Uk. which includes details of regulatory and disciplinary sanctions issued against Insolvency Practitioners. The most recent review was published in June 2022.
In 2021 the Recognised Professional Bodies revoked the licences of four Insolvency Practitioners following regulatory and disciplinary action.