This is Malcolm Turnbull’s moment to shine – The Australian Financial Review

Prime Minister Malcolm Turnbull feels the heat in the kitchen. David Rowe The 2016 election debacle presents Prime Minister Malcolm Turnbull with the chance to not only shine but defend Australia’s commitment to global trade and international competitiveness. That’s the view of Brian McNamee, the man who took the government owned Commonwealth Serum Laboratories from…

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Vorushylyn: Deadbeats should be exposed publicly; nation should hire asset-recovery prosecutors – Kyiv Post

State-financed Deposit Guarantee Fund head Kostyantyn Vorushylyn told the Kyiv Post on June 21 that he wants a public registry of those responsible for unpaid loans. Photo by Anastasia Vlasova As he spoke with the Kyiv Post on June 20 at the Deposit Guarantee Fund, Kostyantyn Vorushylyns voice was constantly interrupted by angry protesters yelling…

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Delta Bank customers lose hope as big players walk away with millions from one of biggest bank failures – Kyiv Post

A closed branch of Delta Bank on Kyiv’s Taras Shevchenko Boulevard. Delta Bank was declared insolvent by the National Bank of Ukraine in March 2015 and customers with uninsured deposits are currently in court. Photo by Pavlo Podufalov Once Ukraine’s fourth largest bank, Delta Bank was classified as problematic in October 2014 by the National…

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Rodney Clark and Gordon Smith collapse into voluntary administration – SmartCompany.com.au

The parent company of retail brands Rodney Clark and Gordon Smith has collapsed into voluntary administration, however, the brands are reportedly continuing to operate under a license agreement. Gordon Smith Marketing was founded in 1992 and its womens clothing brands include Gordon Smith, Amoire, Hammock & Vine, Nouvelle Woman, Kiki & Lulu and Basic. The…

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Insolvency profession facing seismic shift as vital skills come under threat – Herald Scotland

SCOTLANDs accountancy profession is facing a shortage of insolvency practitioners, with more than half set to retire, potentially hampering the future provision of insolvency assistance. Donald McNaught, a restructuring partner at Johnston Carmichael, and chair of the Institute of Chartered Accountants Scotland (ICAS)s insolvency committee said his own calculations indicate that 55 per cent of…

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Corporate Affairs Ministry to handle Insolvency Board – Hindu Business Line

Individual insolvency cases will fall under Finance Ministrys purview New Delhi, July 3:   The proposed Insolvency and Bankruptcy Board of India is likely to fall under the purview of Corporate Affairs Ministry. This would end the potential turf war between two Central Ministries Corporate Affairs and Finance. A senior official in Corporate Affairs Ministry told…

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