September 12, 2023
The OSB is taking steps to ensure Licensed Insolvency Trustees (LITs) are aware of enforcement actions and don’t miss important compliance information.
As such, we will be sending a notice to all LITs when new compliance or enforcement updates are published on the OSB’s website.
In the coming weeks, we will also begin emailing LITs a regular “In Case You Missed It” bulletin providing a recap of recent notices, position papers, and compliance information.
As most LITs already know, the OSB’s website contains a wide variety of compliance and enforcement information including:
- Professional conduct decisions;
- Conservatory measures;
- Cancellation or suspension of LIT licences;
- criminal Case summaries; and
- OSB’s Compliance Promotion Framework.