Online Learning

The bonding regime for IPs has been under review – is it fit for purpose? How and when is it likely to change? Bonding is not the whole picture, since it interacts with other insurances, your RPB’s professional indemnity insurance requirements and the best practice requirements of SIP 11.

The Code of Ethics underpins everything we do and the long awaited revision of the Code has now been published and will come into effect on 1st May 2020.

Our Foundation Series has been designed specifically for anyone new to insolvency or anyone looking for a refresher on the basics. Delegates may have just joined the profession or may be working in a related field and would like an introduction to this topic.

Our Foundation Series has been designed specifically for anyone new to insolvency or anyone looking for a refresher on the basics. Delegates may have just joined the profession or may be working in a related field and would like an introduction to this topic.

The original EU Regulations came into force in May 2002, with the aim of simplifying the formalities governing reciprocal recognition and enforcement of insolvency proceedings across Europe’s member states. An in-built statutory review of the Regulations started in 2012, and the recast EU Regulations were finalised in May 2015, coming into force in the UK in June 2017.

Insolvency practitioners have a number of legal and regulatory responsibilities in relation to a company's books and records and the obligations they are under require the balancing of their duties to investigate and retain records for specified periods versus the privacy rights of the individuals whose data may be contained in those records.

Approval of our remuneration is key to our business success and our engagement with creditors. After all, it's their money that pays our fees. There is perennial stakeholder and regulatory focus on what we get paid, and how it is approved.

Statements of Insolvency Practice (SIPs) are required practice in our role as insolvency practitioners. They set out the principles and key compliance standards which we must apply when approaching a particular area of practice: the presentation of financial information, the handling of client funds, decision procedures and connected party transactions, to name but a few.

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?

Concluding our Technical Short series for 2018, we turn our attention to property in the context of protected trust deeds. There are various options for dealing with a debtor’s property in a PTD but all of them should have the same result - the best outcome for creditors.

The ICAEW’ s Certificate in Insolvency (CII) is a flexible learning programme. Primarily developed for professionals based in England & Wales wanting to progress into a career in insolvency or strengthen their knowledge, the certificate equally benefits those outside the UK whose work touches upon the E&W insolvency regime.

We regularly act as advisors to a variety of stakeholders before or instead of formal appointment. In that situation, it is important to remember that the directors are still in charge, and the company – and corresponding trading decisions - is their responsibility, not yours.

AML training is now a statutory requirement, and your Recognised Professional Body (RPB) will likely be your Supervisory Authority under the AML Regs 2017. Indicators used to assess your AML risk will include a number of factors, including training provided to staff and as part of your inspection visits, your monitor will require sight of your risk assessment and training records. Meet your staff training obligation with this module.

The Insolvency Code of Ethics underpins everything that we do. We look at how it operates in practice.

Our Foundation Series has been designed specifically for anyone new to insolvency or anyone looking for a refresher on the basics. Delegates may have just joined the profession or may be working in a related field and would like an introduction to this topic.

Our Foundation Series has been designed specifically for anyone new to insolvency or anyone looking for a refresher on the basics. Delegates may have just joined the profession or may be working in a related field and would like an introduction to this topic.

Environmental considerations are not only high profile but also bear significant risks for insolvency office holders in the form of increased claims, reputational damage, potential personal liability and criminal sanctions.

The Administration (Restrictions on Disposal etc to Connected Persons) Regulations 2021 came into force on 30 April 2021.

Our Foundation Series has been designed specifically for anyone new to insolvency or anyone looking for a refresher on the basics. Delegates may have just joined the profession or may be working in a related field and would like an introduction to this topic.

With the restoration of HMRC to preferential status in insolvency appointments on or after 1 December 2020, we take a detailed look at the revised legislation and the consequential changes. What now constitutes a preferential claim and what is the difference between ordinary prefs and secondary prefs?