Insolvency: Advisory Services
(asked on 24th June 2025) - View Source
Question to the Department for Business and Trade:
To ask His Majesty's Government who receives the fines levied upon insolvency practitioners.
This question was answered on 8th July 2025
Fines levied against insolvency practitioners are a disciplinary measure applied and collected by one of the three Recognised Professional Bodies which, under the oversight of the Insolvency Service operating on behalf of the Secretary of State, are responsible for authorising and regulating insolvency practitioners.