Joint Insolvency Committee (JIC): IPs in GB/NI

The Joint Insolvency Committee is a forum for the discussion of GB/NI insolvency issues and in discussion with the Insolvency Service for standard setting. It develops, improves and maintains insolvency standards from a regulatory, ethical and best practice perspective. It has responsibility for the revision of Statements of Insolvency Practice (SIPs) and it comments on legislation.  JIC promotes consistency across the profession.

The JIC is made up of representatives from each of the Recognised Professional Bodies and from the Insolvency Service together with four lay members. The Committee meets at least 4 times each year; between meetings, the business of the Committee is progressed via conference call or by sub-groups.

Membership of JIC

  • Chartered Accountants Regulatory Board (Chartered Accountants Ireland)
  • The Association of Chartered Certified Accountants
  • The Institute of Chartered Accountants of Scotland
  • The Institute of Chartered Accountants in England & Wales
  • The Law Society of Scotland
  • Insolvency Practitioners Association
  • Solicitors Regulatory Authority
  • The Insolvency Service (GB)
  • The Insolvency Service (NI)
  • Association of British Insurers (Lay Member)
  • Institute of Credit Management (Lay Member)
  • HM Revenue and Customs (Lay Member)
  • Stepchange (Lay Member)

Joint Insolvency Committee Newsletters

The JIC publishes updates of the Committee’s activities through periodic newsletters.

Was this article helpful?

Is the website not looking right / working right for you? You might need a browser update. Browser support