Insolvency relief for businesses impacted by COVID-19
The COVID-19 Business Debt Hibernation regime commenced on 15 May 2020. If your business has been affected by the pandemic you may be eligible to place existing debts into hibernation for up to 7 months.
Public consultation has begun on the discussion document for implementation of the Insolvency Practitioners Regulation Act 2019 — Proposed minimum standards and conditions for the licensing of insolvency practitioners.
Morgan DeVere Corporate Finance Limited has been fined $40,000 following its conviction at the Wellington District Court on two charges of breaching the Financial Services Providers (Registration and Dispute Resolution) Act 2008.
The Financial Markets Authority has obtained a conviction against Morgan DeVere Corporate Finance Limited (Morgan DeVere) for falsely claiming it was registered on the Financial Services Providers Register (FSPR).