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SIP 11 & Financial Controls

The introduction of a strengthened SIP 11 in 2018 placed increase emphasis on the need for robust financial controls within IP practices and made clear the Regulators' expectations that controls should be reviewed at least annually. But what do proportional financial controls actually look like in practice?


In this webinar we will look at some of the practical alternatives that may help you to implement a robust yet proportionate set of controls and examine how you can best illustrate your compliance to your regulator, if called upon to do so.

CPD Learning Outcomes

  • Client money and estate money
  • Developing proportionate controls
  • Interaction with financial crime risks
  • Regulatory messages
  • Annual reviews and documenting compliance

Who Should Attend

This course is intended for insolvency practitioners, those considering obtaining their insolvency licence or setting up in practice and personnel engaged in the implementation of compliance processes.

What our clients say

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