The Insolvency Group Limited are proud to be a member of the Insolvency Practitioners Association (IPA) Volume Provider Regulation Scheme. The IPA strongly believes that the Volume Provider Regulation Scheme, a first in the insolvency profession, will deliver lasting confidence in the personal debt solutions market.

Launched by the IPA, the Volume Provider Regulation (VPR) Scheme came into effect on 1 January 2019.

The VPR Scheme was rolled out in response to the rapid development of the Individual Voluntary Arrangement (IVA) market – the most commonly used debt solution in England, Wales and Northern Ireland. The Scheme provides some of the closest scrutiny seen in financial services. More information on the Scheme, including the IPA’s Benchmark Report can be found here.

Bribery Act 2010

The Insolvency Group is committed to applying the highest standards of ethical conduct and integrity in its business activities. Every employee and individual acting on The Insolvency Group’s behalf is responsible for maintaining our reputation and for conducting company business honestly and professionally.

The Insolvency Group take a zero-tolerance approach to bribery and corruption and are committed to acting professionally, fairly and with integrity in all our business dealings and relationships wherever we operate.

The Insolvency Group  requires all those who are associated with it to observe the highest standards of impartiality, integrity and objectivity.
 
The Insolvency Group  prohibits anyone acting on its behalf from:

  • bribing another person. A bribe includes the offering, promising or giving of any financial or other type of advantage;
  • accepting a bribe. This includes requesting, agreeing to receive or accepting any financial, or another kind of advantage;
  • bribing a foreign public official; and
  • condoning the offering or acceptance of bribes.

The Insolvency Group will:

  • avoid doing business with others who do not accept our values and who may harm our reputation;
  • maintain processes, procedures and records that limit the risk of direct or indirect bribery;
  • promote awareness of this policy amongst its staff, those acting on its behalf and entities with which it has any commercial dealings;
  • investigate all instances of alleged bribery, and will assist the police, and other authorities when appropriate, in any resultant prosecutions. In addition, disciplinary action will be considered against individual members of staff;
  • review this policy regularly and update it when necessary.