Proposed Council Activities during 2006

Our aims for 2006 include to:

make progress on our Recommendations on “best advice”, IVA statistics, IP communications and fees;
respond to the IS’s consultations on the Memorandum of Understanding and the Principles for Monitoring;
respond to the IS’s expected consultations on simplified IVAs;
comment on the IS’s consolidation of secondary insolvency legislation;
promote the need for a more harmonised approach by the RPBs towards monitoring, disciplinary and complaints procedures;
discuss the operation of debt management companies with the Office of Fair Trading;
visit the Institute of Credit Management to discuss its views on the insolvency profession;
examine the regulatory issues relating to pre-packaged Administrations;
explain the IPC’s work to regional meetings of IPs (visits to Scotland, Newcastle and the North West);
contacts with the voluntary debt advice sector and the major consumer credit lenders as well as with the RPBs; and v understand better the working of the personal insolvency regime in Scotland