Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, pursuant to the Answer of 3 May 2023 to Question 183026 on Companies: Sanctions, what resources her Department plans to make available for the enforcement of director disqualification sanctions.

The Economic Crime and Corporate Transparency Bill will introduce a new director disqualification sanctions measure. It will be an offence for a designated person subject to this new measure to form a UK company, or to act as a director or otherwise be involved in the company’s promotion or management.

The Foreign, Commonwealth and Development Office and the Department of Business and Trade are in ongoing discussions regarding the implementation of these new sanctions, including the enforcement function.