Changes to insolvency law to reduce unnecessary regulation and simplify procedures
Consultation description
皇冠体育app proposals contained in this consultation form part of the response to the Government鈥檚 鈥楻ed Tape Challenge鈥� agenda, and relate to regulations affecting insolvency practitioners (IPs), the practice of insolvency and the reporting duties of IPs on the conduct of directors.
Three broad themes have been established, and each theme is dealt with separately in this consultation:
- Part 1 - Technical changes to regulations affecting IPs.
- Part 2 - Changes to the law governing insolvency proceedings.
- Part 3 鈥� Proposals to change how IPs report director misconduct.