South African Restructuring and Insolvency Practitioners Association (SARIPA) - South Africa

South African Restructuring and Insolvency Practitioners Association (SARIPA) - South Africa
South African Restructuring and Insolvency Practitioners Association (SARIPA) - South Africa

SARIPA (previously known as AIPSA) is registered as a non–profit company and was originally formed by a group of insolvency practitioners in 1986. We have a current membership of some 700 practitioners, academics and other stakeholders involved in the insolvency, business rescue and restructuring profession.

The SARIPA mission statement emphasises 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:
  • Upholding and improving the standards of professionalism and qualifications of practitioners.
  • Continuing 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 and continued professional development.
  • Interacting and liaising with Government in relation to issues affecting the professions of insolvency and business rescue.