Under sections 188 and 196 of the IBC, 2016, which body registers and regulates insolvency professionals, their agencies and information utilities?

Section 188 of the Insolvency and Bankruptcy Code, 2016 establishes the Insolvency and Bankruptcy Board of India, and section 196 gives it the power to register and regulate insolvency professional agencies, insolvency professionals and information utilities. The National Company Law Tribunal is the Adjudicating Authority for corporate insolvency; it hears cases but does not register these bodies. The Insolvency Law Committee is an advisory body that reviews the working of the Code.