Insolvency Service Enforcement Framework
This document explains the powers and purpose under which the Insolvency Service operates to uphold the integrity of the insolvency regime
Applies to England, Scotland and Wales
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We are pleased to publish the Insolvency Service’s Enforcement Framework.
The Insolvency Service provides the structures to deal both with insolvency and with the financial misconduct that may accompany it. The Enforcement Framework places our Investigation and Enforcement Services at the heart of this role, supporting government objectives to create a fair economic environment where businesses can flourish.
The Framework sets out the nature of our enforcement powers and how we deploy them to tackle misconduct and support economic confidence. It outlines the principles we rely on to prioritise cases in the public interest, ensuring proportionate use of our enforcement powers and of public money. It discusses our approach to those more complex and high-profile cases; the way we collaborate effectively with partner organisations; our role in making recoveries and obtaining compensation for those who have suffered harm; and the steps we take to prevent future harm by educating directors as to their responsibilities.