UK Insolvency Regulator

The UK Insolvency Regulator, primarily the Insolvency Service, is a government agency responsible for overseeing and enforcing laws related to companies and individuals facing financial difficulties. Its role includes ensuring fair and transparent insolvency procedures, protecting creditors, and maintaining the integrity of the insolvency system. It also licenses and regulates insolvency practitioners—professionals who manage the process of resolving insolvent companies or individuals’ debts—ensuring they adhere to standards and ethical practices. Overall, the regulator helps maintain economic stability by ensuring insolvencies are handled properly and fairly.