Which body must authorise and regulate certain insolvency-related professionals in Ireland?

• A. Mortgage Intermediaries.
• B. Tied Mortgage Branch Agents.
• C. Debt Management Firms.
• D. Personal Insolvency Practitioners.

Answer: (D)

Insolvency professionals who work with individuals under Ireland’s personal insolvency regimes are authorised and overseen by the Insolvency Service of Ireland. Personal Insolvency Practitioners must be authorised by the ISI and are subject to ongoing regulation, standards, and supervision. This setup ensures that those helping people through debt relief or restructuring have proper qualifications, follow a code of conduct, and operate within the legal framework. Other roles like mortgage intermediaries or debt management firms are regulated by different bodies and do not fall under the ISI’s remit for authorising Personal Insolvency Practitioners.