Guidance

Insolvency practitioner code of ethics

The code of ethics aims to help insolvency practitioners meet their professional and ethical obligations.

Documents

Insolvency practitioner code of ethics

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Insolvency practitioner code of ethics: Background and overview

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Details

The code of ethics aims to help insolvency practitioners meet their professional and ethical obligations.

A new Insolvency Code of Ethics was issued on 2 March 2020, with an effective date of 1 May 2020. The current code will remain in effect until 1 May 2020.

The code has been updated following a consultation on possible revisions and to adopt the drafting format used by the International Ethics Standards Board for Accountants (IESBA). The accountancy Recognised Professional Bodies (RPBs) use the IESBA approach in their main ethical codes.

The new code which takes effect on 1 May 2020 can be accessed here:

https://www.icas.com/professional-resources/insolvency/latest-developments/new-code-of-ethics-for-insolvency-practitioners-published

https://www.icaew.com/-/media/corporate/files/technical/ethics/insolvency-code-of-ethics.ashx?la=en

https://www.insolvency-practitioners.org.uk/regulation-and-guidance/ethics-code

Published 7 April 2014
Last updated 3 April 2020 + show all updates
  1. New code of ethics made available.

  2. First published.