Industry response

The Future of Insolvency Regulation

BSA response
 
We are supportive of the proposals to reform the regulation of the insolvency market and agree
that now is the time to review the current outdated framework for its regulation. Creating a single regulator, a public register of practitioners and firms offering insolvency services as well as a compensation scheme should result in better protection for vulnerable clients through common  standards  in  terms  of  both  services  provided  and  oversight/discipline  of  the practitioners providing them.
 
Read the full response here

Contact

Elaine Morton

Head of Legal, Conduct Risk & Compliance

elaine.morton@bsa.org.uk