RITANZ is the professional body for insolvency practitioners and for those working in the field of business reconstruction and turnaround, and corporate and personal insolvency in New Zealand.
The organisation is affiliated with INSOL International, a worldwide federation of national associations for accountants and lawyers who specialize in turnaround and insolvency.
RITANZ has branches in Auckland, Christchurch and Wellington, and is run by an elected Board of volunteers, who work in or alongside the profession. Read more about us here.
A discussion paper on Ponzi Schemes has been released by MBIE that sets out a proposal for a new, Ponzi specific, insolvency regime. Deadline for feedback is 6th Jul 2018.
The Farm Debt Mediation Bill has had it first reading in Parliament which introduces Agricultural Debt Mediation as a mandatory step before the appointment of a receiver in respect of agricultural debt.
Farm Debt Mediation Bill
Code of Professional Conduct
As part of its commitment to building professional excellence, the Restructuring Insolvency and Turnaround Association of New Zealand Inc. (RITANZ) is proud to release its Code of Professional Conduct. The Code is the fundamental building block upon which the insolvency and restructuring profession sets and manages standards of professional conduct.
The Code is a living document. It will continue to be amended from time to time to reflect changes and developments in insolvency and restructuring law and practice. RITANZ welcomes feedback on the Code and its operation from all stakeholders.
The Code of Conduct comes into effect on 1 July 2018 and will be implemented by way of a By-Law . Training sessions on the code will be rolled out after the Annual Conference.
See our Code of Conduct for more details.
The Annual Corporate Insolvency and Restructuring Conference is the premier professional development event for the New Zealand restructuring and insolvency market and will be held at SkyCity in 2018. Our conference programme is designed to keep insolvency professionals up to date with latest case law and insolvency practices, as well as keeping attendees informed and abreast of the state of the economy and industry. Our regular Networking Events are free to members and provide opportunities for Continuous Professional Development throughout the year.
See our Events page for more details.
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RITANZ acknowledges the support of all of our sponsors.