The year has certainly started well for me and I thought that you might like to know that I was delighted to be appointed by the Law Society of Scotland to represent them on the Joint Insolvency Committee (the “JIC”).
The JIC is made up of eight representatives from each of the seven Recognised Professional Bodies who have an interest in insolvency and from the Insolvency Service. Its primary functions are to:
provide a forum for the discussion of insolvency issues and discussion with the Insolvency Service for standard setting;
develop, improve and maintain insolvency standards from a regulatory, ethical and best practice perspective;
take responsibility for the revision of Statements of Insolvency Practice (“SIP”s);
comment upon legislation; and
promote consistency across the profession.
I am obviously very flattered to be asked to take on this important role and I look forward to playing my part in the development of all facets of the insolvency profession. Taken with my position as a director of the Joint Insolvency Examination Board, I am committed to ensuring that the insolvency profession remains a beacon of skill, probity and support to the business community in the years ahead.