MEMORANDUM TO MINISTRY OF FINANCE ON LIQUIDATORS' LICENSING FRAMEWORK The Institute has received requests from members with more than 5 years' experience, and even some with more than 10 years' experience in liquidation and insolvency, to raise with the relevant authorities, the issue of the requirement of having an audit licence before an application for a liquidator's licence can be made, and to highlight the ensuing hurdle that the current requirement imposes to members who want to become Approved Liquidators under the Companies Act, 1965. Under the current framework, these members are unable to apply for liquidators' licences as [...]