This Order is made in relation to the M&A decision to restrict Mr Clunie’s insolvency licence. It was found that Mr Clunie’s technical knowledge was not up to date.
The M&A was concerned that Mr Clunie did not have sufficient knowledge of the Insolvency Rules changes since 2009 and no action has been taken to incorporate these changes into his firm’s systems.
As part of the Restriction Mr Clunie is prohibited from accepting any new appointments until he is able to demonstrate that he has adequate knowledge of current insolvency statute.
The Restriction will remain in place until Mr Clunie satisfies the M&A that his technical knowledge is up to the required standard for Licensed Insolvency Practitioners.