Blog
Kingsley Napley’s Medical Negligence Team ‘walks together’ with the Dame Vera Lynn Children’s Charity
Sharon Burkill
5 April 2020
Can anyone use the designation ‘Chartered Accountant’?
It may come as a surprise to learn that anyone can use the title accountant without having any formal qualification or membership of a professional body. The use of the term ‘Chartered Accountant’ is more controversial. We examine the nuances of these designations in the current regulatory regime, when they can be used and what consequences an individual may face for any perceived misuse.
28 May 2019
New ICAEW sanctions guidance on criminal convictions, cautions and Anti-Money Laundering
From 1 April 2019, criminal conduct by ICAEW members will be dealt with according to the new version of the Guidance on Sanctions, which simplifies as well as amplifies the 2018 version.
Further changes will follow in July 2019, with the introduction of new guidance for Anti-Money Laundering breaches where the relevant conduct has not resulted in a criminal conviction.
22 May 2018
ICAEW accountants: take action now!
On 5 June 2018, a special meeting of the ICAEW is taking place at the conclusion of the organisation’s AGM. For any ICAEW members with an interest in the disciplinary function of their regulator, attendance at this event is a must. Important changes to the Disciplinary Bye Laws, that will potentially affect all members, are being sought. If you cannot make it in person, vote on-line or send a proxy. In these latest proposals there is much to be applauded, but there is also much to be apprehensive about.
19 April 2018
First time offenders avoid exclusion in ICAEW disciplinary hearing
In a decision published this month, ICAEW member firm Butterworth Barlow Ltd and its Directors, Gavin Butterworth and Barry Barlow, were given severe reprimands and fines following an ICAEW disciplinary hearing earlier this year.
8 November 2017
A recent reminder of the obligation to cooperate with an ICAEW investigation
The ICAEW has recently imposed a severe reprimand, £5000 fine and £3337 costs award on a member who failed to provide information requested by the ICAEW in accordance with a disciplinary investigation. This recent case serves as a reminder for members of accountancy bodies of the potential consequences of not cooperating with a disciplinary investigation by their regulator.