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Association of Insolvency Practitioners of Southern Africa (AIPSA)

Submitted by admin on Mon, 09/22/2008 - 14:22

AIPSA is a voluntary Association originally formed by a group of insolvency practitioners in 1986 with a current membership of 338 practitioners,
academics and other participants involved in the Insolvency industry.

 

The AIPSA mission statement emphasizes our commitment to creating a transparent environment in which our members, irrespective of race, creed or gender, can practise their profession in accordance with the Constitution of the Republic of South Africa, so as to provide an effective, professional service to all stakeholders by skilled, independent practitioners with the highest integrity and being mindful of:

  • Community interests
  • The Constitutional Rights of individuals; and
  • A sustainable economy.

To achieve this, the main objectives of the Association are:

  • The upholding and improving of standards of professionalism and qualifications of practitioners.
  • Encouraging the study of the Laws relating to insolvency and the administration of individual estates, corporations and companies whilst initiating and promoting improvements to the Laws of Insolvency in conjunction with Government. AIPSA continues to strive towards the statutory regulation of the Insolvency Profession in South Africa.
  • Enforcing a strict disciplinary code.
  • Facilitating the enhancement of standards of education. To this end, an Insolvency Diploma and other educational programmes are offered by two prominent South African Universities under the auspices of AIPSA.
  • Participating in and encouraging initiatives to develop a statutory framework to facilitate business rescue.
  • Interacting and liaising with Government in relation to issues affecting the insolvency profession.