Company Investigations: Disclosure of Information

Department for Business and Trade written question – answered am ar 17 Mai 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Tyrie Lord Tyrie Chair, Parliamentary Commission on Banking Standards (Joint Committee)

To ask His Majesty's Government in each of the past three years how many times (1) OFCOM, (2) OFGEM, (3) the Competition and Markets Authority, and (4) the Financial Reporting Council, have exercised the power to disclose the identity of persons under investigation.

Photo of Lord Johnson of Lainston Lord Johnson of Lainston Minister of State (Department for Business and Trade)

The subject of OFCOM’s investigations are services rather than individual persons. The details of these investigations are published on OFCOM’s website.

OFGEM also publishes details of its investigations on its website.

The Competition and Markets Authority exercised the power to identify persons under investigation in seven cases in 2021; ten cases in 2022; and in five cases in 2023. In some of these cases multiple parties have been identified.

The Financial Reporting Council has not exercised the power in any of the past three years.

Does this answer the above question?

Yes2 people think so

No2 people think not

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