Statements of insolvency practice (SIPs) implement principles and core compliance standards in which Insolvency Practitioners are required to follow. We provide documents on this crucial topic.

SIPs set principles and key compliance standards with which Insolvency Practitioners are required to comply. They are issued to Insolvency Practitioners under procedures agreed between the authorising bodies acting through the Joint Insolvency Committee.

Current and superseded Statements of Insolvency Practice for the applicable UK legal jurisdictions can be accessed below.

Withdrawn SIPs