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On 1 January 2009 the Insolvency Practitioners Association ("IPA") introduced a new Ethics Code for members which incorporates the joint insolvency code of Ethics adopted by all authorising bodies (the "Code"). All members of the IPA, Insolvency Practitioners ("IPs") are required to adhere to the Code and it states clearly in the introductory paragraphs that "misconduct", as defined in Article 66 of the Articles of Association of the IPA shall include any breach of the Code by any member. Read more...