A plan to introduce ID numbers for company directors could be in the works – SmartCompany.com.au

The government will consider introducing identification numbers for directors of Australian companies, after the Productivity Commission labelling it a necessary reform to the countrys insolvency practices. On Thursday Small Business Minister Michael McCormack handed down the governments response to the commissions final report from its review of business set-ups, transfers and closures in Australia, which considered the…

Ukraine’s Banking Sector Reconstruction Brings Asset Sales and Opportunities in Equal Measure – Emerging Europe (registration)

Valeria Gontareva, governor of the National Bank of Ukraine (NBU), might be leaving office, but is often commended for the banking sector restructuring and consolidation that has been long-awaited by foreign investors. We are still not at the end of the road, but compared to where we were a few years ago, when we had…

Board chairman of insolvent Diamantbank claims banks has investor – Interfax

2017-05-03T11:55+02:00 11:55 03.05.2017 The transition bank created on the basis of Diamantbank declared insolvent earlier will have enough attractive assets, and the bank has a potential investor, Diamantbank Board Chairman Oleh Khodachuk has said. “In four days after the introduction of interim administration the bank’s employees carried out titanic work resulted in submitting an application…

Dijsselbloem in Parliament: debt relief now on the cards for Greece – European Parliament (press release)

Debt relief for Greece will be looked into at the next Eurogroup meeting on 22 May, according to Jeroen Dijsselbloem. The president of the informal body of the eurozone’s finance ministers made the announcement during a plenary debate in Parliament on 27 April. He also apologised to MEPs about recent remarks that proved controversial. Greece…

How personal; insolvency legislation will impact every strata of our society – Financial Express

With the corporate insolvency law nearly fully rolled out, the focus of the government is likely to shift towards implementation of what is probably the more difficult part of the Insolvency and Bankruptcy Code. With the corporate insolvency law nearly fully rolled out, the focus of the government is likely to shift towards implementation of…