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United Kingdom · Question · Written question

UIN 104331

Banks: Regulation

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 January 2022

Last action

24 January 2022 · Answer

Status

Answered

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Discovery layer

Source updated

24 January 2022

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential merits of continuing to include small non-complex retail financial institutions in the definition of public interest entit

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Timeline

  1. 14 January 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential merits of continuing to include small non-complex retail financial institutions in the definition of public interest entit

    Source: Commons

  2. 24 January 2022

    Answer

    Public interest entities are businesses of particular importance to the UK economy, and are subject to more stringent requirements and oversight to reflect this. On 18 March, the Government published a White Paper on ‘Restoring trust in audit and corporat...

    Source: Written answer

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