Blog
What is your duty to co-operate with your regulator?
Zoe Beels
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.
5 November 2025
Expanded AML remit for the FCA: a good or bad thing?
There was a good deal of surprise last week when the government announced that lawyers, accountants and company service providers will in future be supervised by the FCA for money laundering purposes.
13 January 2025
Changes for accountancy firms to keep a close eye on in 2025
From an increasing spotlight on private equity investment to substantial changes in the ICAEW’s Code of Ethics, 2025 is shaping up to be a year filled with both opportunities and challenges for the accountancy and audit sector. What key areas should accountancy firms keep a close eye on over the coming year?
6 December 2024
Festive frolics or regulatory wrongs in accountancy firms?
Best practice guidance to accountancy firms on how to conduct an investigation in the event of allegations of behavioural misconduct in the run-up to Christmas.
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.