The low down on the Insolvency Practitioners' Handbook 2014

The low down on the Insolvency Practitioners' Handbook 2014
With the Insolvency Practitioners’ Handbook 2014 now available in Lexis®PSL, Alison Curry, head of regulatory standards at the Insolvency Practitioners Association

(IPA), highlights what is new in the Insolvency Practitioners’ Handbook 2014 and why might lawyers be interested in this book.

What is in the Insolvency Practitioners' Handbook?

The Insolvency Practitioners’ Handbook produced by the IPA draws together the most significant elements of statutory regulation with which insolvency practitioners are required to comply, with other best practice and guidance statements and our own IPA rules and guidance, into a single handy volume.

As the only specialist insolvency regulator and membership body, the IPA takes the function of supporting our insolvency practitioners in their work very seriously. If we can assist insolvency practitioners with ready access to the rules and regulations they need to refer to on a regular basis, we hope this will contribute to maintaining expected professional standards of practice. Promoting and maintaining high standards of practice is our primary objective as an association.

What does the latest edition include?

The 2014 edition has been revised to include Statement of Insolvency Practice (SIP) 16 on pre-packaged administration sales which was issued in November 2013 and the two new SIPs for individual and company voluntary arrangements (SIPs 3.1 and 3.2), which came into effect on 1 July 2014. So all of the SIPs in the Handbook are bang up-to-date. It also includes the January 2014 revision to the Straight

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