In response to requests in relation to the October 2015 rule changes on fee estimates and the revised SIP 9 reporting requirements, R3 has produced guidance for members.
Please note that the guidance has been produced to assist members when reporting on fees and is not intended to be a checklist. Case-specific narrative will be an important component of SIP 9 reports and fee estimates. Please also note that additional considerations may be appropriate in the case of voluntary arrangements and solvent liquidations to reflect the different workstreams and stakeholders that may be involved.
The guidance is available in the members’ section of the R3 website (please note that you must be logged in).