About the Insolvency Practitioners Register

​How and why insolvency practitioners will be licensed and registered

The Insolvency Practitioners Regulation Act 2019 established a regulatory regime for insolvency practitioners in New Zealand. The Act was passed by Parliament on 17 June 2019 and is expected to come into force in June 2020.

This Insolvency Practitioners scheme will bring in new licensing requirements, provide effective ways for holding insolvency practitioners to account, and raise the standards of insolvency practice over time.

The Registrar of Companies will be responsible for granting accreditation to bodies who, in turn, can license insolvency practitioners.