Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what changes have been introduced as a result of the investigation by the Financial Reporting Council into NMC Health’s insolvency in 2020.
The Financial Reporting Council’s investigation into the audit of the accounts of NMC Health for the year ended 31 December 2018 was launched in May 2020 under the FRC’s Audit Enforcement Procedure and is ongoing. The Government is committed to restoring trust in audit and corporate governance as set out in the white paper published in March this year. The Government will consider the findings of the Financial Reporting Council’s investigation when it is concluded.