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Ethics

8 January 2026

What is your duty to co-operate with your regulator?

The Institute of Charted Accounts in England and Wales (‘ICAEW ’) has recently imposed a severe reprimand, a £5000 fine and £6,473 costs on a member who failed to cooperate with them during the investigation process. The tribunal found that the member failed to provide information, explanations and documents requested by the ICAEW Conduct Department, including anti-money laundering policies, share documentation, and other requested materials. It was decided this breached the ICAEW’s Investigation and Disciplinary Regulation 16.1.

Zoe Beels

10 September 2025

Fire Safety Awareness: A Shared Responsibility Under the Regulatory Reform (Fire Safety) Order 2005

Fire safety is not just a compliance issue—it is a matter of protecting lives, assets, and reputations. Under the Regulatory Reform (Fire Safety) Order 2005 (FSO), employers, landlords, and those in control of premises have a legal duty to ensure adequate fire safety measures are in place. Failure to comply can lead to severe legal and financial consequences, but more importantly, it puts people at unnecessary risk.

Andrew Sanderson

26 September 2023

Inappropriate emails - ICAEW case provides helpful guidance on the threshold for discreditable behaviour

In a recent case, a member of the ICAEW (Mr F) was excluded from membership for sending numerous emails between 2015 and 2018 which were found to be contrary to the requirements of the ICAEW’s Code of Ethics in relation to professional behaviour.

12 November 2020

Insolvency Practitioners: the regulator’s reach is wide when it comes to integrity

It goes without saying that Insolvency Practitioners must behave honestly and with integrity in all their professional dealings.  IPs must handle money and assets in a way which justifies the trust placed in them, but some professionals don’t realise that the way they behave on a Saturday night may be just as relevant to their ability to continue in their chosen profession as the way they behave on a Monday morning.   

Julie Matheson

1 April 2019

Think before you tweet – the perils of social media for the accountancy profession

Social media has introduced to professionals a global platform for promoting services to an ever-growing audience in order to network and reach out to new clients. It is increasingly a key focus of marketing strategy. Not only this but it is a space within which professionals can share and acquire knowledge.

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