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Getting involved with the IPA

Time to get involved with the IPA?

The IPA is proud to be a regulatory and membership body led by its members and lay persons.
 
We are always on the look out for members of the insolvency profession and wider insolvency community to get involved with the IPA. This also includes lay persons, particularly those from a legal background but also those who can present the views of stakeholders in insolvency processes, such as creditor representatives. With our AGM on Thursday 25th April 2019, nominations are now open for membership of our board and committees.
 

The value and benefits of IPA board and committee membership 

There are a number of benefits of IPA board or committee membership for those who would like to join. These include:
  • ‘Giving something back to the profession’; sharing your experience and knowledge of the profession and regulation to help improve regulatory standards and best practice
  • Growth in professional knowledge and experience to further career development
  • CPE points (for technical or regulatory committees)
  • A unique and in-depth insight into the role and work of insolvency regulation
  • Networking with the best in the profession; IPA board and committee members say business opportunities are created because of their association with the regulator
  • Being a board or committee member of the insolvency profession’s most prestigious network can enhance a member’s reputation with clients, and the profession itself.
Members will be remunerated for travelling to the IPA to attend these meetings.

How you can get involved 

Members and lay persons can get involved in a number of ways at a strategic and operational level, from regulatory/disciplinary decision making, technical support and policy setting to IPA financial operations, examinations, events and training. As an Anti-Money Laundering supervisory body, we are also interested to hear from individuals who have a specialism in this field.
 
The nature of the work and the involvement of participants varies between the Board and the different Committees, but all require high degrees of probity so you must be in good standing with the IPA, have strong decision making skills and be prepared for effective participation at meetings.  You should also be willing to devote some time, since there would be an expectation that you would attend a minimum number of 2-3 hour meetings in London each year, associated preparation and reading beforehand.
 
With effect from April 2019, the IPA’s committees are expected to be as follows:
 
Regulation tier 1: Authorisation, Complaints & Monitoring 
 
Responsible for decisions concerning fitness to practice or liability to disciplinary action, as well as applications for authorisation.  
 
Regulation tier 2: Tribunals & Judiciary   Escalation of matters from tier 1, hearing regulatory and disciplinary matters as a tribunal.
 
Standards Ethics and Regulatory Liaison Committee
 
The IPA’s advisory and policy committee, which assesses proposed changes in best practice, ethics and standards.  It is also responsible for technical support and issuing guidance to the membership.
 
Member Services & External Affairs Committee (and Exam Committee)
 
Responsible for events, training for members, press and parliamentary representation. The IPA’s Exam Committee sits as a sub-committee of MS&EA and is responsible for arrangement of the CPI suite of exams and liaison with the JIEB.
 
Finance and Risk Committee
 
Responsible for consideration and decisions on financial risks and financial matters concerning the IPA.
 

 

If you have any questions about how to get involved with the IPA Board or the Committees, their work or what the expectations on a member of a particular Committee would be, please contact us on 0207 623 5108 or at andrewk@ipa.uk.com to discuss further.
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