Blog
The FCA’s Enforcement Watch 2 and what it means for the financial services industry
James Alleyne
2 July 2026
Changes to the ICAS Code of Ethics – what do the changes mean for ICAS firms?
In our first blog, we discussed the changes made to the ICAS Code of Ethics and what those changes mean for members.
The 2026 updates to the ICAS Code of Ethics have significant implications that extend well beyond individual members. For firms, the strengthened framework around professional behaviour raises important questions about how they respond when a member employed by or practising within the firm may have fallen short of the expected standard. Those questions touch on reporting obligations, internal investigations, and the practical steps firms need to take to ensure they are meeting their own regulatory duties.
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.
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.
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.
