Regulation

(asked on 13th June 2018) - View Source

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

To ask Her Majesty's Government which (1) public, (2) private, (3) self-regulatory, and (4) other bodies have regulatory responsibility for companies, company law, corporate governance, accounting standards, audit and auditors.


Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 22nd June 2018

The following UK bodies have regulatory responsibility for companies, company law, corporate governance, accounting standards, audit and auditors:

Public Bodies (under the Government Resources and Accounts Act 2000):

Bank of England (including the Prudential Regulation Authority)

Companies House

Financial Conduct Authority

Financial Reporting Council

Insolvency Service

Other:

Association of Chartered Certified Accountants

Association of International Accountants

Chartered Accountants Ireland

Institute of Chartered Accountants in England and Wales

Institute of Chartered Accountants of Scotland

Takeover Appeal Board

Takeover Panel

This answer does not consider obligations on companies and other businesses generally such as employment regulation, environmental regulation or for reasons of public safety, or those bodies that have general responsibilities in respect of criminal investigations and prosecutions. The categorisation of bodies reflects the categorisation used for government accounting purposes and the application of the requirements of managing public money.

Reticulating Splines