IPA response to Insolvency Service 2021/22 Annual Report and Accounts
The IPA welcomes the Insolvency Service’s 2021/22 Annual Report and Accounts and the commentary on its activity during this period. As the most active regulator in the insolvency sector, we were pleased to see the further acknowledgements made by the Insolvency Service in its report in terms of the continuing improvements in insolvency regulation being made by the IPA, such as changes to monitoring and complaints handling processes.
IPA CEO, Paul Smith, commented: “The IPA is committed to being a modern, progressive, robust and responsible regulator, acting in the best interests of all parties, including most importantly the public at large. It is always pleasing when your efforts are acknowledged. A healthy and respected insolvency sector is critical in these challenging times, and we have a key role to play in achieving this.