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Re-cast EU Insolvency Regulation comes into force

Procedural rules facilitating the operation of the Regulation have been laid in Parliament.

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The Insolvency Amendment (EU 2015/848) Regulations 2017 come into force on 26 June 2017 and facilitate the functioning and operation of the EU Insolvency Regulation in the UK.

The re-cast EU Regulation introduces changes to the existing rules on jurisdiction, cooperation, and the recognition and enforcement of insolvency proceedings across the EU.

Further Guidance (PDF, 293KB, 5 pages) on the re-cast regulation is available.

Published 23 June 2017