Marcial Boo, CEO

IPA Insolvency Practitioner newsletter, April 2026

Dear members,

Important developments are shaping our insolvency profession and the IPA’s work.

First is the Insolvency Service’s Corporate Civil Enforcement Reform Consultation. This proposes to modernise the corporate enforcement regime and introduce greater flexibility in addressing misconduct. This will directly impact IPs. The IPA is committed to making any change work in practice. So, our member survey will collect your views, so we can influence government policy. The survey closes on 15 May and will take 30 minutes to complete. Your views matter, and we will publish the collected views of IPs in June.

Second, HM Treasury has laid the Money Laundering and Terrorist Financing (Amendment) Regulations 2026 in Parliament. This is a further step in the reform of the UK AML framework. The changes include refining enhanced due diligence requirements, updating thresholds and new provisions relevant to insolvency cases. Firms will need to consider them carefully before they come into force. The IPA will issue guidance to members on this soon.

We met the Financial Conduct Authority again on the transition of AML supervision to them. They are clear that they have much work to do, including legislation. We do not expect any new regime to be in place before 2029. We will ensure it works for IPs when it happens.

And, if you are interested in the intersection between insolvency and financial crime, including in relation to AML and cross-border issues, you can listen to this INSOL International podcast with the IPA and others.

Here in the UK, the new Insolvency Service CEO, Duncan Beach, will set out his priorities for the profession at the IPA’s Annual Conference on 29 April. This is his first public speech at our sector-leading event with over 250 delegates, showing again how the IPA has become the UK’s main convener of high-quality discussion on insolvency policy and practice. I hope to see you there.

Finally, the IPA has published its 2025 Impact Report. In a few pages, we describe the breadth of our work, supporting our members with practical guidance and training, providing efficient, proportionate regulation to maintain professional standards, and advising the government on improvements to insolvency policy and oversight. Through your support, the IPA adds significant value to the UK insolvency profession every year. I look forward to discussing all our work with you at our in-person events over the coming months.

Best wishes,

Marcial Boo