Marcial Boo, CEO

IPA Insolvency Practitioner newsletter, February 2026

Dear members,

I begin with a reminder of recent changes to UK sanctions information sources. From 28 January, the UK Sanctions List became the single authoritative source for all UK sanctions designations, replacing the OFSI Consolidated List of Asset Freeze Targets. There’s no change to the structure of the list, but you should ensure your processes are updated. To support you, we’ve added a new section to the AML area of the IPA website with guidance on dealing with sanctions. This was also sent in our December AML Digest.

We want to do more to support you on AML. We’ve sent a survey to those who attended our Spotlight on AML & Fraud Conference in September and our other AML training. Your feedback will help us shape a programme that meets your needs and addresses the risks and practical challenges you face. You can complete the survey here.

HM Treasury has also asked us to share a Financial Action Task Force (FATF) Mutual Evaluation and Proliferation Financing survey to inform the UK’s evidence base ahead of the FATF assessment in 2027 and the update to the Proliferation Financing National Risk Assessment. Your participation will help ensure the insolvency profession is properly represented. The survey closes on 31 March 2026.

Finally, I look forward to meeting some of you at our IPA Wales Roadshow, later this month. These roadshows are an excellent opportunity to hear directly from Government agencies, compliance experts and the IPA regulation team on all issues affecting the profession.

In the meantime, with all good wishes,

Marcial Boo