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Regulators

UK insolvency firms to face formal regulation

Sky said that the announcement from Whitehall is expected nearly two years after the consultation and that the Department for Business and Trade's Insolvency Service will introduce measures that will allow both businesses and people to be sanctioned for misbehaviour

Insolvency firms face being formally regulated for the first time as ministers seek to establish a new watchdog within the Insolvency Service, Sky News has reported.

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