Statements of insolvency practice (SIPs)
SIPs set principles and key compliance standards with which Insolvency Practitioners are required to comply. They are issued to Insolvency Practitioners under procedures agreed between the authorising bodies acting through the Joint Insolvency Committee.
Current and Superseded Statements of Insolvency Practice Scotland and Statements of Insolvency Practice – England & Wales can be accessed below.
Statements of insolvency practice Scotland - Current
Statements of insolvency practice England and Wales - Current
|Statements of Insolvency Practice England and Wales||Effective date|
|SIP 1 - An Introduction to SIPs PDF [85 KB]||1 October 2015|
|6 April 2016|
|SIP 3.1 - Individual Voluntary Arrangements PDF [100 KB]||1 July 2014|
|SIP 3.2 - Company Voluntary Arrangements PDF [191 KB]||1 July 2014|
1 December 2015
|SIP 9 - Transitional Arrangements PDF [150 KB] [Valid until 1 December 2015]|
|[New] SIP 16 - Pre-Packaged Sales in Administrations PDF [26 KB]||1 November 2015|