Image for Code of Ethics for Insolvency Practitioners

Code of Ethics for Insolvency Practitioners

The Code of Ethics for Insolvency Practitioners is a set of guidelines that ensure professionals managing insolvency cases maintain integrity, transparency, and fairness. It requires practitioners to act in the best interest of creditors and debtors, avoid conflicts of interest, and uphold confidentiality. They must also demonstrate competence and diligence in their work, providing honest assessments and decisions. By adhering to these principles, insolvency practitioners help foster trust and accountability in the financial recovery process, ensuring a fair resolution for all parties involved.