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 guidance.  Reviews of committee decisions will be heard by the new Administrative Review Tribunal from 14 October 2024.  This is […]

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 sector, and in the workforce generally.  The Turnaround Management Association (TMA) has recently launched its TMA Voluntary Code for Equitable Insolvency & Restructuring Appointments (EIRA) under which a Code adopter […]