It is a measure of how disinterested the City of London has become to the increasing regulation of business that the DTI’s recent paper, Company Investigations: Powers for the 21st Century, was published without so much as a murmur.
The paper proposes significant changes in relation to the scope of DTI inquiries and the powers of those conducting such inquiries. The proposals should be debated by those likely to be affected, but the short period available for responding to the paper has recently passed and the proposals will soon be given statutory effect without full consideration of the consequences.
