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Consultation on the amount and terms of indemnity against losses and claims arising in respect of ci

IAASA has today published a consultation on the amount and terms of indemnity against losses and claims arising in respect of civil liability of liquidators. The Companies Act 2014, which came into force on 1 June 2015, affords IAASA with responsibility for setting Regulations for the amount and terms of such insurance. IAASA is therefore seeking the views of stakeholders and invites interested parties to provide their comments on the proposals, which are set out in a consultation paper which can be accessed here.