Article 188 - Supervision of insolvency practitioners
(1) The QFC Court may, on application of the CRO , and upon being satisfied that an insolvency practitioner:
(A) has contravened a provision of these Regulations ;
(B) has failed, whether within or outside the QFC , to carry out or perform duties or functions adequately or properly; or
(C) is otherwise not a fit and proper person to remain registered as an insolvency practitioner or, where applicable, as an official Liquidator ;
make one or more of the following orders:
(D) an order that the CRO shall cancel, or suspend for a specified period, the registration of the insolvency practitioner as such or as an official Liquidator , along with such order or orders as the QFC Court shall see fit for the orderly handover of existing appointments of such insolvency practitioner;
(E) an order imposing conditions or restrictions on the future conduct of the insolvency practitioner;
(F) an order requiring the insolvency practitioner to do, or refrain from doing, any act or thing; or
(G) any other order as the QFC Court sees fit.
(2) For the avoidance of doubt:
(A) any cancellation or suspension of the registration of a person as an insolvency practitioner is deemed to constitute a cancellation or suspension of any registration of the person as an official Liquidator ; and
(B) the imposition of any condition or restriction on the future conduct of an insolvency practitioner is deemed, as the context may permit, to constitute the imposition of such a condition or restriction on the future conduct of the insolvency practitioner acting in his capacity as an official Liquidator .
(3) Nothing in this Article affects the powers that any person or the QFC Court may have apart from this Article.