Following public consultation on proposals to implement the Insolvency Practitioners Regulation Act 2019, including setting the fees and levy under the scheme, a summary of submissions, and MBIE’s responses, is now available.
In response to the need for physical distancing during COVID-19, the Companies Office will, as a temporary measure, accept statutory declarations that meet the requirements of the Oaths and Declarations Act 1957 but are taken by alternative means.
The Registrar of Companies has published minimum standards, conditions and requirements for ongoing competence for the licensing of insolvency practitioners, and minimum standards for the accreditation of bodies, after a period of public consultation.
Public consultation is now open on the discussion document for implementation of the Insolvency Practitioners Regulation Act 2019: Proposed standards, conditions & policies for accredited bodies. This runs until 7 February 2020.
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).