Code of Practice for Insolvency Practitioners

The Code of Practice for Insolvency Practitioners sets out standards and guidelines to ensure these professionals act ethically, transparently, and competently when managing insolvencies. It covers responsibilities like acting in the best interest of creditors and debtors, maintaining confidentiality, and providing clear communication. The code aims to promote trust, fairness, and professionalism, helping insolvency practitioners handle complex financial situations responsibly while safeguarding stakeholder interests.