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Regulation & Compliance


Banking reforms to face scrutiny

An influential commission of MPs has announced when it will scrutinise planned change to the nation’s banking system. Read full story


MF Global triggers FSA consultation

MF Global’s demise, coupled with the insolvency of spreadbetting firm Worldspreads and Pritchard stockbrokers has triggered an FSA consultation. Read full story


VIEWPOINT: Auctions

When an insolvency practitioner is unable to sell the assets and goodwill/intellectual property rights of a business as a package for an acceptable price, they normally enlist the assistance of an agent to realise the assets. There are a number of issues to consider Read full story


DEMSA code change confirmed

The future of the DEMSA’s OFT-approved code of conduct has been assured after the government confirmed it is to sit within the Trading Standards Institute. Read full story


Free webinar on enforcing CCJs

A free webinar covering enforcement of County Court Judgments (CCJs) is being hosted by Insolvency Today’s sister website Credit Today. Read full story


IP complaints drop by 16% over two years

Complaints against insolvency practitioners (IPs) have dropped by 16% over the past two years, according to the Insolvency Service (IS). Read full story


R3 refutes Insolvency Service's pre-pack figures

Insolvency trade body R3 has criticised the Insolvency Service (IS) for its “misleading” reporting about non-compliant pre-packs. Read full story


Hector Sants to quit FSA in June

Hector Sants has confirmed market rumours that he will leave his position as chief executive officer at the Financial Services Authority (FSA) at the end of June 2012. Read full story


Cable: Ministers regard regulatory change as "absolute pain"

Business secretary Vince Cable today claimed government regulatory changes will save businesses some £16 million. Read full story


IS 2012: Insolvency Service plans to plug "large hole" in accounts

The Insolvency Service (IS) has confirmed it has now made arrangements to move out of its London head office in June of this year. Read full story


IPA head insists single regulator is not answer to boosting industry confidence

The head of the Insolvency Practitioners Association (IPA) has insisted the creation of a single regulator would not boost confidence in the industry.

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Football creditors' outcome set for Spring 2012

The opposing teams battling over the controversial football creditors’ rule in the High Court will have to wait until next year for the match to be decided.

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Care home report predicts more failures

The high-profile collapse of another care home provider could be on the cards if the government doesn’t reform its monitoring strategy, a group of MPs has warned.

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Tax man matches up to Football League at High Court

HM Revenue & Customs’ (HMRC) attempt to stamp out the “football creditors’ rule” kicked off today in the High Court.

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Fee chargers under scrutiny at Select Committee

Fee-charging debt management companies came under the microscope this week at the Department of Business, Innovation and Skills’ Select Committee.

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400 depart MF Global as company defaults on 30 exchanges

Around 400 members of staff have been made redundant at MF Global UK as the administrators looked to manage cash within the business.

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Analysis: The hurdles in the administration of MF Global

KPMG’s appointment as MF Global UK administrator has the industry glued as the first ever ‘Special Administration’, but is its role as pathfinder worth the associated risk? Joe McGrath investigates

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Consultation to remove courts from liquidation process

Courts could be removed from the administration process in a bid to create a more “streamlined” and “efficient” process.

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Companies closed for property scams

A further two companies have been closed down for landbanking “confidence trick” scams following a probe by the Insolvency Service (IS).

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Britain to opt out of Euro debt order


Insolvency trade body R3 has welcomed Britain’s decision to opt out of European Commission plans to boost cross-border debt recovery. 



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