ASIC cracking down on liquidators who 'flout the law'
ASIC has warned it will continue to hold liquidators to account where necessary in its bid to regulate the insolvency and restructuring sector, upon the release of its latest report into the supervision of registered liquidators.
Yesterday ASIC released its sixth annual registered liquidator report detailing the supervisory, enforcement, stakeholder liaison, policy and educative work ASIC undertook in 2016 to improve regulation of the insolvency and restructuring sector.
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