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New regulations to align insolvency legislation are a ‘stopgap measure’

New regulations to align insolvency legislation are a ‘stopgap measure’
Published on: 07 March 2018
Published by: LexisPSL
  • New regulations to align insolvency legislation are a ‘stopgap measure’
  • When will the new regulations come into force?
  • What is the purpose of the regulations?
  • What are the changes for building societies?
  • What are the changes for friendly societies?
  • What are the changes for authorised persons and others under the Financial Services and Markets Act 2000 (FSMA 2000)?
  • What are the changes for banks?
  • What are the changes for financial market infrastructure companies?
  • What are the main changes for insurers?
  • What are the other main changes?

Article summary

Restructuring & Insolvency analysis: The draft Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2017 have now been made by Parliament as the Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2018. Simon Hunter, barrister at 3 Stone Buildings, says the regulations are identical to the draft version circulated in 2017. or take a trial to read the full analysis.

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