There has been a recent development in the case of EU insurer Enterprise Insurance several months after it was declared insolvent.
Earlier this week, the Gibraltar Financial Services Commission (GFSC) appointed Tony Woodcock and John Fordham of Stephenson Harwood LLP as independent inspectors to investigate the insolvency of Enterprise and the conduct of its directors and auditors.
The Enterprise special committee will be the decision making panel in the regulatory inquiry relating to the insurance firm, its directors and auditors. It will also have the responsibility of acting as the GFSC audit regulation committee.
Registered in Gibraltar, Enterprise went into provisional liquidati…
Read the full article at: http://www.insurancebusinessmag.com/uk/news/breaking-news/enterprise-probe-moves-forward-65649.aspx
