• Insolvency Insider UK
  • Posts
  • Why turnaround professionals belong in the UK moratorium – and in our preventative restructuring toolkit

Why turnaround professionals belong in the UK moratorium – and in our preventative restructuring toolkit

The team at BM&T argues that the UK moratorium under the Corporate Insolvency and Governance Act 2020 is structurally sound but underpowered in practice because restricting the monitor role to licensed insolvency practitioners concentrates legal risk while sidelining operational turnaround expertise, and contends that a carefully regulated expansion to include suitably qualified turnaround professionals could reduce cost barriers, embed hands-on rescue leadership within the statutory process, and strengthen the UK’s preventative restructuring toolkit without diluting accountability or public confidence.