Updated Insolvency Code of Ethics: What's changing for practitioners?

Rebecca McGregor and Thomas Rudrum of Linklaters highlight key revisions to the Insolvency Code of Ethics which will come into effect on 1 October 2025, including the introduction of a clear distinction between a practitioner’s "professional life" and their private life, new requirements for practitioners to maintain an "inquiring mind" and an emphasis on demonstrating "strength of character" when facing difficult situations, and more.

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