Research and analysis

Impact assessment opinion: communications company 'phoenixing'

Evaluation of the DCMS impact assessment of sharing information between Ofcom and the Information Commissioner’s Office and the Insolvency Service.

From:
Regulatory Policy Committee
Published
1 May 2013

Documents

Impact assessment opinion: communications company 'phoenixing'

Ref: DCMS075

PDF, 66.4 KB, 2 pages

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Details

A strategy to prevent company ‘phoenixing’ in the communications sector - how companies avoid legal sanction by dissolving the company concerned and starting up another to pursue the same business strategy.

The Regulatory Policy Committee (RPC) gives independent advice to government on the quality of analysis supporting new regulations.

Following scrutiny of an impact assessment (IA) carried out prior to a regulatory proposal, the RPC provides an ‘opinion’ on the quality of analysis and evidence presented in the IA. This opinion then informs the decisions of ministers as to whether they proceed or not with the proposal.

Published 1 May 2013