Insolvency: Licensing

Business, Enterprise and Regulatory Reform written question – answered on 16th January 2008.

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Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how many insolvency practitioners have been licensed by each of the recognised supervisory bodies.

Photo of Pat McFadden Pat McFadden Minister of State (Department for Business, Enterprise and Regulatory Reform) (Employment Relations and Postal Affairs), Member, Labour Party National Executive Committee

The most recent figures for the number of insolvency practitioners licensed by each of the recognised supervisory bodies are set out in tabular form as follows:

Year 2007
Authorising body Total number of IP s as at 1 January 2007
The Institute of Chartered Accountants in England and Wales (ICAEW) 729
Association of Chartered Certified Accountants (ACCA) 174
The Institute of Chartered Accountants of Scotland (ICAS) 106
The Institute of Chartered Accountants in Ireland (ICAI) 46
Insolvency Practitioners Association (IPA) 369
The Law Society (LS) 152
The Law Society of Scotland (LSS) 16
Total 1,592

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