This issue includes the latest bulletins from HMRC, new Defence Against Money Laundering guidance for insolvency practitioners and a consultation regarding SIP 3.1 (Individual Voluntary Arrangements).
In this issue
SIP 3.1 consultation
The Joint Insolvency Committee (JIC) is consulting on changes to Statement of Insolvency Practice 3.1 – Individual Voluntary Arrangements.
JIC undertook a consultation issued in May 2020 which included revisions to SIP 3.1. At that time these revisions had been identified as being relevant changes as part of a review of SIP 3.2 on Company Voluntary Arrangements. No detailed review of SIP 3.1 was carried out. This consultation builds on the work carried out in 2020 and a draft revised SIP 3.1 is now bei…
Read the full article at: https://www.icaew.com/regulation/insolvency/support-for-insolvency-practitioners/insolvency-news/insolvency-news-issue-5-august-2021