The way the insolvency industry is regulated could be reformed under proposals contained in a Federal Government paper. The reform is aimed at promoting a high level of practitioner professionalism and competency, and increased efficiency in insolvency administration.
Partner Michael Quinlan, Lawyer Laura Racky and Summer Clerk Nicole Meyer report.
Monday, December 19, 2011
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I can't help but agree with the proposals. At the moment there is certainly not enough regulation of IPs and anyone can claim to be one.
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