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Debtors and Creditors will soon benefit from Insolvency Legislation
Manage episode 413034522 series 3402624
Innehåll tillhandahållet av Government Of Saint Lucia. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Government Of Saint Lucia eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
The National Competitiveness and Productivity Council is at the forefront of the Insolvency legislation reform project. This crucial piece of legislation aims to establish a robust legal framework safeguarding individuals and businesses facing economic adversity, ensuring they receive the necessary protection amidst financial challenges. The anticipated outcomes include a notable decrease in non-performing loans held by financial institutions.
For details on these government developments and more, visit www.govt.lc
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