Source · Select Committees · Business and Trade Committee
Recommendation 9
9
Not Addressed
Paragraph: 57
In light of the Greensill Capital collapse and subsequent financial hardship of GFG Alliance and...
Recommendation
In light of the Greensill Capital collapse and subsequent financial hardship of GFG Alliance and Liberty Steel UK, we urge the Government to give consideration to formalising the fit and proper person test for private company directors within any future steel sector deal.
Government response summary AI-generated
The government's response outlined the FRC's investigative remit regarding audit matters, but did not address the specific recommendation to consider formalising a 'fit and proper person test' for private company directors within any future steel sector deal.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
57
Government Response
Not Addressed
HM Government · verbatim extract
Not Addressed
6 Liberty Steel and the Future of the UK Steel Industry: Government response
Read the full response on Parliament ↗