Insolvency Practitioner Association (IPA) Monitoring Report 2021
Report on the Insolvency Service’s monitoring visit to the Insolvency Practitioners Association 21st to 25th June 2021
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The Insolvency Service has overall responsibility on behalf of the Secretary of State for ensuring that the activities of the regulatory bodies that authorise and licence insolvency practitioners are in line with regulatory objectives set out in part 13 Insolvency Act 1986. Those objectives include having a system of regulating insolvency practitioners that secures fair treatment and ensures consistent outcomes, maximises returns to creditors, and protects and promotes the public interest.
This report presents the findings of a monitoring visit to the IPA, which took place between 21 to 25 June 2021. The annex to this report includes information provided by the IPA prior to the visits and the IPA’s responses to recommendations made.