Insolvency practitioner sanctions: George Lafferty 30 April 2026
On 30 April 2026 a Regulatory Penalty was made against Mr George Lafferty of Glasgow
Applies to England, Scotland and Wales
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Mr Lafferty made a payment after the commencement of a winding up without seeking valid approval in accordance with Rule 4.7(5) of The Insolvency (Scotland) (Receivership and Winding up) Rules 2018.
Accordingly, the Authorisation Committee has applied a regulatory penalty of £1,500 in accordance with the Committee’s powers contained in ICAS’ Insolvency Regulations.