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ASIC’s updated guidance on liquidator registration and discipline; AFSA; and the ART

ASIC has released updated regulatory guidance on statutory committee registration and discipline processes, and related issues: see Revised Regulatory Guide 258 Registered liquidators: Registration, ongoing obligations, disciplinary actions and insurance requirements (RG 258).  AFSA provides similar …

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Gender balance in the insolvency industry

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Gender balance in the insolvency industry

With women comprising only around 10% of insolvency practitioners, the issue of gender balance continues to receive attention, among broader issues of diversity in that …

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Reviewing liquidators – under review?

ASIC has announced that it has appointed 15 new members ...

Coercive control and insolvency

ASIC has asked registered liquidators to “stay alert” for signs ...

Liquidator’s sentencing adjourned to 29 November; trustee’s hearing further extended to 15 November

Peter Amos The sentencing of former liquidator Peter Amos was ...

Fees of insolvency practitioners and lawyers

The commentary following was issued on 15 August 2021.  It ...

Personal insolvency figures up and ‘reforms’ pending

Personal insolvencies increased in July 2024, to 1157 compared with ...

ASIC’s civil penalty regime – an academic review

In the midst of a focus on the enforcement activity ...

ASIC’s revised guidance on insolvency practitioner offence reporting – RG 16

ASIC has issued revised guidance on insolvency practitioner offence reporting ...

Insolvency numbers in decline

Numbers of insolvencies of individuals and companies have fallen dramatically ...

$364k mistakenly paid by the ATO to a company in liquidation – retain or return?

In a recent case,[1] C88 Project Pty Ltd, a liquidator was ...

Splitting ASIC 2024 and the 2010 Senate Committee Report

In the discussions about separating ASIC’s tasks following the July ...

Some proposed personal insolvency reforms in Australia

With the federal government yet to respond to the PJC ...

Senate report on ASIC’s investigation and enforcement roles – July 2024

The Senate Economics References Committee has issued its Report – ...

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About This Blog

INSOLVENCY AND RELATED LAW AND POLICY, AND MORE

Michael Murray is an Australian author and commentator on corporate and personal insolvency law and related issues, in Australia and internationally. He has a strong law and policy background, is independent of any connections, and his views are his own. He gives no legal advice. 

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