Great Britain and Northern Ireland
The Memorandum of Understanding (MOU) has been agreed between the Insolvency Service and the Recognised Professional Bodies (RPBs) for the purposes of achieving consistency in the authorisation and regulation of insolvency practitioners.
The 'Principles for Monitoring' agreed between the Insolvency Service and the RPBs, ensure that the RPBs work to common standards in carrying out the monitoring of Insolvency Practitioners.
Currently Professional Standards visit all Insolvency Practitioners at least every three to six years.
Information on visits and how to prepare for an insolvency monitoring visit is available below.
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