regulation

ASIC’s deterrence message – “no point just communicating this into the Fin Review”.

ASIC gave some useful insights before the recent Senate oversight hearing[1] on 13 September as to the reality of the …

ASIC’s period of external scrutiny

The Australian Securities and Investments Commission is properly subject to parliamentary oversight, apart from the on-going scrutiny it receives from …

Climate change and the law

Here are details of two recent events on climate change and the law, followed by details of a range of …

Regulation of Australian insolvency practitioners – UK and NZ compared

I am pleased to be soon presenting to various groups on the regulation of Australian insolvency practitioners, with some comparisons …

International Association of Insolvency Regulators’ Conference – 2019

Australia is attending and presenting at the annual insolvency regulators’ conference, along with regulators from the UK, the US, New …

Accountants’ insolvency code updated

A new standard for insolvency practitioners – APES 330 – has just been issued written in APESB’s unique style and …

ASIC’s Corporate Plan 2019-2023 – Insolvency Practitioners

ASIC’s corporate plan 2019-2023 contains much detail about the various sectors it regulates and what regulatory approaches it is taking. …

Insolvency practitioner offence reporting – a need for reform

If liquidators in Australia are investigating and reporting to ASIC “thousands” of breaches of the law by those involved in …

Australian insolvency law – current reforms

As in many countries, general elections put law changes and reform on hold pending the new government’s decisions on pending …

NZ’s 2019 Insolvency Practitioners Regulation Act and its cross-Tasman impact

NZ’s Insolvency Practitioners Regulation Act is due to commence over the next year introducing a licensing and regulatory regime for …

How to become an insolvency practitioner in Australia

The ‘new’ process of selecting by interview who should be an insolvency practitioner (IP) was the subject of a presentation …

Some views on ASIC v Wily & Hurst

The views of Justice Brereton of the NSW Supreme Court have not prevailed following the decision by the High Court …

Revised insolvency standard for practitioners. As to their professional bodies …

The Accounting Ethical and Professional Standards Board (APESB) has approved a new and revised APES 330 – Insolvency Services, the …

Bodies everywhere – the regulation of liquidators and trustees

One of the most unusual reforms introduced by Australia’s 2016 Insolvency Law Reform Act was to give a large number …

New Zealand’s changes to its insolvency laws

Proposed changes to NZ insolvency laws through the Insolvency Practitioners Bill, presently before parliament, are open for submissions until 24 …

Cross-border regulation of insolvency practitioners

The Insolvency Law Reform Act 2016 introduced a stronger regulatory regime over insolvency practitioners.  It may not have been noticed …