Approval of the Court is being sought to publish the official transcripts of the trial and it is intended that an account of the investigative failures identified by Judge Aylmer will be published as soon as possible thereafter.
It is important to understand the factors that led to such mistakes being made and to take appropriate steps to address these shortcomings.
These steps include ongoing reform within the ODCE, including ongoing recruitment of professional expertise, and the establishment, as announced by Government last November, of the Office of the Director of Corporate Enforcement as an agency, to provide it with greater autonomy and ensure it is better equipped to investigate increasingly complex breaches of company law.
Work on the drafting of the necessary General Scheme of a Bill to give effect to this decision is progressing. It is expected that the General Scheme of a Bill to give effect to this decision will be published by Q2 2018, with publication of the Bill by Q4 2018.