Regulation Overview

All IPA members are required to act in accordance with the IPA’s Ethics Code for Members, which incorporates the joint Insolvency Code of Ethics approved by the Joint Insolvency Committee (JIC). 

Insolvency Practitioners licensed by the IPA are also required:

  • to comply with Statements of Insolvency Practice (SIPs) in force in relation to insolvencies in England & Wales, Scotland and Northern Ireland;
  • to take account of Guidance issued by the IPA
  • to take note of “Dear IP” Newsletter issued by the Insolvency Service on a quarterly basis for Insolvency Practitioners and any interested parties.