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FSB Publishes Peer Review On Out-Of-Court Corporate Debt Workouts

<p><span>The Financial Stability Board (FSB) published today a&nbsp;</span><a href="https://www.fsb.org/2022/05/thematic-review-on-out-of-court-corporate-debt-workouts/">Thematic Review on Out-of-Court Corporate Debt Workouts</a><span>. The objective of the peer review is to support COVID-19 response and recovery efforts by examining FSB member jurisdictions&rsquo; practices, experiences and lessons from out-of-court workouts as a less costly and more flexible alternative to full, formal insolvency proceedings.</span></p> ....

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