Insolvency regulation in Great Britain is overseen by the Insolvency Service, an executive agency of the Department for Business, Enterprise and Regulatory Reform. The Insolvency Service is also an authorising body and, with the Recognised Professional Bodies, can authorise or recognise those individuals considered fit and proper to conduct insolvency appointments.
The Joint Insolvency Committee was formed in 1999 and provides a forum for discussion and promotes consistency of approach across the authorising bodies.