On 21 December 2021, the Government published ‘The Future of Insolvency Regulation’, a consultation setting out new proposals to “strengthen, reform and simplify” insolvency regulation. The proposed changes in the consultation document amount to an overhaul of insolvency regulation and will have a significant impact on the insolvency profession and how it works.
Here's everything you need to know about the proposed regulation changes...
R3's parliamentary engagement led to the profession's views being raised over 20 times during debates in both the House of Commons and House of Lords, with the key mentions included in the video within this post.
Personal insolvency levels in England and Wales fell for the first time in five years in 2020, according to research from the Insolvency Service. In this blog, we provide a breakdown and analysis of the figures – and a look at what’s driving the downward trend…
This year saw the Press, Policy and Public Affairs team continue our Back to Business UK campaign, publish research into the profession’s economic contribution, and continue to give the profession a voice in parliament and the media as the Covid pandemic continued and new legislation was proposed, debated and entered into law.
R3's Press, Policy and Public Affairs Team has had a busy October, with the Autumn Budget announcement, quarterly statistics, and a variety of policy debates, as well as continuing to give the profession a voice on key issues in the media...
A new policy announcement, a Budget submission, a roundtable event and an All-Party Parliamentary Group report on insolvency regulation – as well as continued increased media interest in the profession and its work – made September a busy month for R3’s Press, Policy and Public Affairs Team…
We chat to licensed IP andMercury Corporate Recovery SolutionsManaging Director Francesca Tackie about her career, her experience as an R3 member, and her work with the R3-Insolvency Service Diversity and Inclusion Steering Group...
After a year like no other, and with considerable uncertainty remaining about what will happen in coming months, directors and business owners could be forgiven for being unsure about the best path forwards.