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 provide your current and future IPs with a wealth of benefits and support.
Whether you are applying for an IP licence for the first time or would like to transfer all your firm’s IP licences to us, our streamlined application process is efficient and straightforward.
Why choose ICAEW as your regulator?
We work hard to understand our firms, which enables us to help and support you and your teams. We offer an unrivalled service to help ease the regulatory requirements on your firm – use one licensing body for all your insolvency needs.
- Simplify your licensing
Use one licensing body for your insolvency needs, with a central point of contact available for firms with more than five IPs. - Develop your team
Your staff can apply for their JIEB exams and then register for their insolvency licence with ICAEW. You don't have to be an ICAEW Chartered Accountant to qualify and be licensed as an IP with ICAEW. - Get practical support
Benefit from helpsheets, checklists, a technical helpline, specialist resources and insolvency news. -
Connect with the profession
Join the Restructuring and Insolvency Community and access free webinars, newsletters and other communities.
Insolvency licensing with ICAEW?
Whether you are applying for an IP licence for the first time or would like to transfer all your firm’s IP licences to us, our streamlined application process is efficient and straightforward.
We offer two types of insolvency licence.
- Appointment-taking licence (either a full licence or a partial licence for corporate or personal insolvency specialists). The cost depends on your estimated fee income from regulated insolvency appointments in a calendar year.
- A non-appointment taking licence (full or partial). This provides a cost-effective way of protecting your investment in qualifying as an IP and it’s straightforward to upgrade to an appointment taking licence if you want to do so.
Both license takers can use our distinguished logos.
What are the benefits of consolidating your insolvency licensing with ICAEW?
- Reduce the administrative burden of managing insolvency licences. If you have more than five IPs, you can appoint a central point of contact for your firm's licence fees
- ICAEW offers a range of learning opportunities. This includes JIEB exam registration, the ICAEW Certificate in Insolvency and the ICAEW Certificate in Finance, Accounting and Business (CFAB).
- Free helpsheets and checklists, access to our technical helpline, news, updates and insights from Insolvency News.
- Join the Restructuring and Insolvency Community and access free webinars, newsletters and opportunities to connect with other professionals.
- Broaden your team's skills and knowledge through ICAEW's wider learning and professional development opportunities.
Become an ICAEW licensed insolvency practitioner
Whether you are applying for an IP licence for the first time or would like to transfer all your firm’s IP licences to us, our streamlined application process is efficient and straightforward.
ICAEW is a premier organisation which upholds the highest of standards in our industry, and it offers a level of support that we felt was not available elsewhere. In addition to this, their educational support is unsurpassed. We are most satisfied with our ICAEW licences and recommend similar 'hybrid' firms consolidate accordingly.
We chose ICAEW because of its 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 are aligned in our focus on quality and work collaboratively with ICAEW to ensure we meet the high standards expected of IPs.
Further information
Ready to choose ICAEW as your insolvency regulator?
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Whether you're applying for your first licence or looking to consolidate your firm's existing licences, find out how ICAEW can support you.
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