THE Insolvency Practitioners Association is to become the first professional body to grant partial licences for practitioners wishing to specialise in either personal or corporate insolvency work.
In October 2015, the governments Deregulation Act opened up the insolvency licensing regime to create greater competition and flexibility by allowing specialisation.
Given the enabling provisions were enacted some six months ago, and applicants with relevant exam passes are pressing for implementation, the association has indicated it is keen to move ahead with these arrangements and grant licences to eligible practitioners.
IPA president Mark Sands said: We have been preparing for this change for some time, and to some extent have paved the…
Read the full article at: http://www.accountancyage.com/2016/04/15/insolvency-body-ipa-to-grant-partial-licences/