Andrea Harris, Director of asset recovery specialist KRyS Global Guernsey, has been appointed as a member of Guernsey's Insolvency Rules Committee.
Andrea has broad-ranging experience in the Guernsey insolvency and restructuring market, including administration, liquidation, regulatory and consulting roles.
Having started her career with an insolvency firm in Adelaide, Australia, she has spent the past 10 years with KRyS, including two years in the Cayman Islands and then relocating to Guernsey in 2012.
Her appointment has been made by the States of Guernsey’s Committee for Economic Development in anticipation of the Insolvency Ordinance coming into force.
This will allow the Committee for Economic Development to formally consult the Insolvency Rules Committee for the purposes of Section 426B of the Companies (Guernsey) Law, 2008 (as amended), so that the Insolvency Ordinance and the Companies Insolvency Rules may come into force at the same time.
The Insolvency Ordinance, part of Guernsey’s company law framework, aims to modernise Guernsey’s insolvency regime.