GOI: quality standards for careful insolvency administration
The Grundsätze ordnungsgemäßer Insolvenzverwaltung (GOI) define binding quality standards for the professional, transparent and legally correct handling of insolvency proceedings.
The principles guarantee:
- Independent and neutral execution
- High-quality and restructuring-oriented approach
- Transparent communication towards creditors, courts and employees
The GOI were developed by Verband Insolvenzverwalter und Sachwalter Deutschlands (VID) and are an important quality measure within the industry. With certification through Normec, you demonstrate that your organization works according to recognized standards.
Independent assessment of processes
GOI certification is carried out by an accredited certification body based on established review criteria. The principles of GOI include the following core areas:
Independence and neutrality: ensuring that the insolvency administrator has no conflicts of interest and acts solely in the interests of creditors
Duty of care: Proper safeguarding, management and realization of the insolvency estate
Transparency: Regular and complete provision of information to all parties concerned about the progress of the proceedings
Efficiency: Efficient execution of the proceedings with minimization of costs
Autonomy of creditors: Taking into account the interests and instructions of the creditors' meeting
We test your processes neutrally and objectively. This gives you clear insight into strengths and possible opportunities for improvement.
Demonstrable quality with GOI certification
With GOI certification you demonstrate that you conduct insolvency proceedings professionally, carefully and in the interests of all the parties involved.
What does this specifically benefit you?
- You strengthen the confidence of courts and creditors
- You demonstrate that you work independently and transparently
- You increase your chance of being appointed as an insolvency administrator
- You optimize internal processes and quality assurance
- You position yourself as a reliable partner in a sensitive field
Years of experience in certification and management systems
Normec has extensive experience in certifications and management systems. We support law firms and organizations in successfully implementing GOI requirements. Our independent audit approach guarantees a careful and transparent assessment of all your processes.
Sustainable quality assurance in insolvency matters
After successful certification, you will receive a GOI certificate. To ensure ongoing quality assurance, periodic follow-up audits take place (e.g., every three years).
By continuously investing in transparency, independence and process quality, you build a strong reputation in a demanding market. We also support you in the long term with recertification and further professionalization.
Would you like to know more about GOI certification?
Frequently Asked Questions
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GOI are binding quality standards for insolvency administrators. They describe requirements in terms of expertise, organization, staffing and transparent handling of procedures.
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For insolvency administrators and law firms that regularly handle insolvency proceedings and wish to externally demonstrate their quality, independence and professionalism.
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An independent certifying body tests your organization against established criteria. After a successful audit, you will receive the certificate, followed by periodic follow-up audits.
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Increased trust with courts and creditors, a stronger market position, internal quality improvement and a demonstrable professional profile.
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In practice, GOI count as an important quality standard and can be seen as a minimum requirement to be considered a suitable insolvency administrator.