Read our article on the FCA’s guidance for insolvency practitioners

The FCA has updated its guidance for insolvency practitioners appointed over regulated firms.

Where an insolvency practitioner is appointed over a regulated firm – in an insolvency process such as administration, liquidation, or one of the special administration regimes tailored to certain financial institutions – they take control of the firm, but the firm continues to be subject to its regulatory obligations.

Read our article for more information on the FCA’s updates and key takeaways for industry stakeholders and insolvency practitioners.