Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans the Government has to implement the EU Insolvency, Restructuring and Second Chance Directive.
The proposed Directive on preventive restructuring frameworks, second chance and insolvency measures is currently still under negotiation in Brussels. Given this stage of the process and the ongoing negotiations on withdrawal from the EU, it is not possible to say whether, if adopted, the provisions would be implemented in the UK.