Lord Vaux of Harrowden
Main Page: Lord Vaux of Harrowden (Crossbench - Excepted Hereditary)Department Debates - View all Lord Vaux of Harrowden's debates with the Leader of the House
(2 years, 10 months ago)
Lords ChamberThat is a good point. It is certainly something that I shall need to look into and I shall need to write to my noble friend about it. There is no question but that the auditing side is particularly important.
My Lords, the sorts of fraud that we heard so vividly described yesterday would have been a lot more difficult if directors’ identities had to be verified. The Government announced some 18 months ago that they would do that. When will they start insisting that Companies House verify identities of directors?
That is certainly one of the lessons learned; I know that it is on the agenda to be looked at.