Eligibility for Insolvency Professional registration amended to require exam success, prescribed training, disclosures, entity criteria and CPE. Amendments require the Limited Insolvency Examination's details be published three months before each exam and make passing that examination within twelve months, completion of a prescribed pre registration course, and completion of Board approved insolvency programmes or specified professional/management experience mandatory eligibility criteria for registration. They impose continuing professional education, restrict outsourcing of statutory duties except as permitted by the Board, expand disclosure obligations on employment, panel membership and fees to be published by insolvency professional agencies, and prescribe recognition criteria and transitional compliance deadlines for insolvency professional entities.
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Eligibility for Insolvency Professional registration amended to require exam success, prescribed training, disclosures, entity criteria and CPE.
Amendments require the Limited Insolvency Examination's details be published three months before each exam and make passing that examination within twelve months, completion of a prescribed pre registration course, and completion of Board approved insolvency programmes or specified professional/management experience mandatory eligibility criteria for registration. They impose continuing professional education, restrict outsourcing of statutory duties except as permitted by the Board, expand disclosure obligations on employment, panel membership and fees to be published by insolvency professional agencies, and prescribe recognition criteria and transitional compliance deadlines for insolvency professional entities.
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