Entries by Insolvency Support Services Limited

Take the hassle out of ensuring your checklists and document packs are new-Rules-compliant

Have you updated your checklists and document packs in time for the introduction of the new Scottish Insolvency Rules on 6 April 2019? Our new-Rules-compliant standard documents are available to order now, for delivery early/mid March, ready for the new legislation commencement date. As we have been highlighting on our New Rules courses, there are […]

We’re speaking at R3’s Series of SPG Technical Reviews

Insolvency Support Services’ Eileen Maclean and Alison Curry are looking forward to speaking at R3’s series of SPG Technical Reviews, specifically designed for insolvency and restructuring professionals in small and medium-sized practices, in the next few months. Their practical, focused sessions will cover the new Scottish Insolvency Rules, highlighting key changes and differences to the […]

New Scottish Insolvency Rules 2018

Thanks to everyone who attended the first of our New Rules training courses in Glasgow on 16 January. Great to see so many of you, and thanks for such positive feedback on the course. Out of an overall score of 5, this course scored 4.69! Testimonies include: “ very informative training session / well presented” […]

Insolvency (Scotland) Rules 2018 – are you ready?

The long-awaited Scottish Rules are here! Two sets of Rules Due to the nature of the partially devolved corporate insolvency regime, Scotland’s Rules are found in two pieces of secondary legislation.  The Insolvency (Scotland) (Company Voluntary Arrangement and Administration) Rules 2018 and the Insolvency (Scotland) (Receivership and Winding up) Rules 2018 (“the new Scottish Rules”) […]

ICAS Insolvency and Restructuring Conference 2018

Insolvency Support Services director Eileen Maclean is delighted to have been invited to join a superb line-up of speakers at the ICAS Insolvency and Restructuring Conference 2018 at Gleneagles on 13 and14 November. The theme of this year’s conference is A Profession in the Spotlight, which ICAS has chosen to reflect the increasing levels of scrutiny […]

Common Financial Tool (Scotland) Regulations 2018 – Giving evidence to Parliament

Eileen Maclean, R3 Scottish Technical Committee member, gave evidence to the Scottish Parliament Economy, Jobs and Fair Work Committee, on the new Common Financial Tool (Scotland) Regulations 2018 on 30 October. Eileen said: “It was a privilege to be asked to give evidence on behalf of the profession. Now we await the Committee’s recommendation, with […]

Lifting the corporate veil

It seems that the protection afforded by Limited Liability has received a body blow in the Budget with an announcement that directors may face personal liability for their company’s tax liabilities: “Tax abuse and insolvency – Following Royal Assent of Finance Bill 2019-20, directors and other persons involved in tax avoidance, evasion or phoenixism will […]

Anti-Money Laundering – Have you assessed the risks?

A step-by-step explanation of a firm’s responsibilities under anti-money laundering regulations. For many insolvency practitioners, anti-money laundering (AML) compliance starts and finishes with client identification procedures. But that simply isn’t sufficient to comply with current legislative requirements, nor to adequately protect you from becoming a professional enabler – a title none of us relish acquiring! […]

R3 in Scotland Breakfast Seminar: An Insolvency Practitioner’s Duties and Obligations

Insolvency Support Services (ISS) is delighted to sponsor the upcoming R3 in Scotland Breakfast Seminar on An Insolvency Practitioner’s Duties and Obligations: a look at Doonin Plant vs SEPA. The excellent panel of speakers comprises Kirsten Fleming and Tim Cooper from Addleshaw Goddard and Alison York, Head of Legal at the Scottish Environment Protection Agency […]