CORPORATE INSOLVENCY: CONSULTATIONS ON REFORM IN UK

On 9th July, the House of Commons Library produced a briefing paper on 3 consultation exercises undertaken by the Department of Business, Enterprise and Industrial Strategy.  The first closed in July 2016 and the Government published its responses in September 2016.  In March 2018, a second consultation sought views on new proposals to improve the governance of companies when they are in, or approaching, insolvency – this consultation closed in June and a Government response is awaited.  Finally, in April 2018, HMRC published a discussion paper on tax abuse and insolvency, and the deadline for response to that was 20th June.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8291

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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