Paul Smith, CEO

IPA Insolvency Practitioner newsletter, September 2023

Contents

• Paul Davis, President
• IPA statement on the Government response to the Future of Insolvency Regulation consultation
• New SAR Portal launch
• UK sanctions members of Russian cybercrime gang
• Spotlight on Anti-Money Laundering and Fraud (CPD: 5h)
• IPA Learning | Pension Claims in Insolvency – Are You Getting it Right? (CPD: 2h)
• Just over a month to go until our Northern Ireland Roadshow in Belfast (CPD: 4h)
• We finish 2023’s Roadshows in London with a corporate and cross-border focused event (CPD: 4h)
• IPA Learning | Corporate Insolvency Update 2023 (CPD: 2h)
• Personal Insolvency Conference 2023 – programme announced! (CPD: 6h)
• Do you know someone in the profession who deserves recognition this year?
• IPA member offers from training providers (member login required to view)
• Save money on your airport parking with APH! (Member login required to view)
• Need new IT products? Claim exclusive IPA membership offers from Dell
• Discounted meeting facilities from Office Space in Town (member login required to view)
• An opportunity for Registered Property Receivers!
• Case law update
• IPA exclusive industry update from Insolvency Insider

Dear Members,

I hope you had an enjoyable summer and are feeling refreshed and ready for the months ahead.

You will have seen the government response following the consultation on the Future of Insolvency Regulation. The IPA worked closely with the Insolvency Service and other RPBs to address a range of potential outcomes following the consultation and is pleased that the government has chosen to place its confidence in the existing RPBs to take forward future reform of regulation in the sector. The commitment to legislate for firm regulation, for which we have been a strong advocate for many years, is a particular milestone in the development of insolvency regulation. Click here to see the government announcement and here for the IPA statement that followed.

It was my pleasure to visit Glasgow in August for our Scotland Roadshow, where I had the opportunity to meet with our members and other insolvency professionals working within the Scottish jurisdiction. We head to Northern Ireland next month for our final devolved nations Roadshow this year and are looking forward to being back in Belfast for the first time in 4 years for our live event, kindly hosted by A&L Goodbody. If you operate in Northern Ireland, we hope to see you there! Click here For more information and book.

Next week, we begin our Autumn events programme for 2023 with our inaugural AML and fraud conference taking place on 26^th September at the ICC in Birmingham. I encourage all members to attend to hear the very latest on this increasingly pressing issue. We have an excellent programme lined up featuring expert speakers who will provide insights and updates on this vital subject. Your participation in events like these not only enhances professional growth but also strengthens our collective commitment to keeping ever-present AML and fraud threats at bay.

Whilst on the topic of AML, I would also like to draw your attention to the recent AML Digest which was circulated to members, which collates recent AML alerts and notifications as well as containing other developments to be aware of. As covered in the Digest and bearing in mind the very fluid sanctions situation, Insolvency Practitioners must ensure that you have a process in place for regularly reviewing updates to the OFSI Sanctions List, and I would also like to highlight the new SARs reporter booklet issued by the National Crime Agency, which provides useful insight for those involved in the SARs regime.

Best wishes,

Paul Smith