Regulatory round-up: India seeks to tackle NPLs as New Zealand ponders stricter rules for insolvency practitioners
In recent weeks the Indian government has legislated for a sharp rise in its banking sector’s non-performing debt, and New Zealand has opened a public consultation to tighten up regulations for insolvency practitioners. Meanwhile, Australia has released a revised timeframe for its forthcoming insolvency reforms.
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GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.