THE IPA has issued its first personal insolvency licence following changes to the Deregulation Act 2015 and Insolvency (Amendment) Act Northern Ireland 2016.
The Act opened up the insolvency licensing regime to greater competition and flexibility by catering for practitioners who choose to specialise in either personal or corporate insolvency work.
Embracing the changes the IPA began offering separate papers in personal and corporate insolvency in its CPI exams.
New licence holder, Jennifer Ellyatt, of Baker Tilley Creditor Services, said: Having specialised in personal insolvency for the last three years after many years with a mixed portfolio of cases, I am delighted to have been granted this first licence.
IPA council member and p…
Read the full article at: http://www.accountancyage.com/2016/05/25/ipa-issues-first-specialist-insolvency-licence/