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This document sets out the objectives and focus of the Insolvency Service’s regulation and monitoring of the bodies that authorise and regulate insolvency practitioners.
It is being issued following engagement with the authorising bodies to detail changes to the Service’s monitoring strategy, including ensuring greater publicity for outcomes. Our overarching aim is to ensure that those affected by the work of insolvency practitioners have confidence that the regulatory regime encourages best practice and deals effectively and consistently with any poor performance or misconduct.