Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Companies (Miscellaneous Reporting) Regulations 2018, whether he has made an assessment of the potential effect of broadening the scope of companies that those regulations apply to.
As reporting under the requirement only started from 1 January 2020, and covers all companies required to produce a strategic report, we do not consider it would be proportionate to expand the scope at this time. We will continue to review whether this needs to change in the future.