 The Financial Reporting Council proposed reforms to the treatment of listed company directors' share-based bonuses, requiring them to be held for at least five years, and proposed tougher analysis by auditors regarding whether a company remains a 'going concern'.A year after Carillion's collapse, Work and Pensions Secretary Amber Rudd said company bosses should face imprisonment if they "wilfully or recklessly" mismanaged employee pension funds.After the UK government had been forced to take over two Private Finance Initiative hospital building contracts (Midland Metropolitan Hospital and the Royal Liverpool University Hospital) following Carillion's collapse, the Chancellor of the Exchequer Philip Hammond announced in his October 2018 Budget statement that no further PFI projects would be instigated.