In this section, you'll find information about applying for an ICAEW insolvency licence.
If you want to become an ICAEW licensed insolvency practitioner and carry out insolvency work under the Insolvency Act 1986, you must:
If you're not an ICAEW member, you can be licensed by ICAEW if you also become an affiliate of ICAEW. The application form below combines the licence application and the application for affiliate status and can be used by non-members.
To apply for an insolvency licence, please download the application form.
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You don’t have to be an ICAEW Chartered Accountant to qualify and be licensed as an insolvency practitioner (IP) with ICAEW. By choosing ICAEW as your single regulator, we can reduce the administrative burden and offer current and future IPs a wealth of benefits and support. Find out more.
About six years ago we consolidated our various licenses with ICAEW, as we felt it best-represented our interests at the regulatory level. ICAEW upholds the highest of standards in our industry, and it offers a level of support that we felt was not available elsewhere. Its reviewers are technically proficient, user friendly, commercial, and robust where required. In addition to this, their educational support is unsurpassed. We have also found the decision to consolidate to be very cost and time-effective, as we only have one quality and practice audit to undertake every three years, rather than several. We are most satisfied with our ICAEW licenses and recommend similar ‘hybrid’ firms consolidate accordingly.
Cameron Gunn, Senior Partner, ReSolve Partners LLP
We chose ICAEW because we like their professional approach to regulation. The monitoring cycle is structured around the demands of our business and reviews are robust but fair, with potential issues signposted early in the process and no nasty surprises at the end. Most importantly, we feel we have a shared objective of improving quality, and are able to work collaboratively with ICAEW to meet that objective.
Jeremy Willmont, Partner and Head of Restructuring & Insolvency, Moore Stephens LLP
All our insolvency practitioners are licensed by ICAEW. We value the technical support ICAEW gives at roadshows, conferences and in webinars. When we want to discuss ethical issues the ICAEW helpline can be an invaluable sounding board ahead of a difficult decision about taking an case appointment or not. All being licensed by ICAEW minimises the disruption to a busy practice and means an efficient, fair and consistent approach to regulation.
Peter Whalley, Partner, James Cowper Kreston