Blog
From garage to unicorn – Employment law lessons for scaling tech teams
Catherine Bourne
5 August 2025
Press Round-Up: Regulatory and Professional Discipline – June and July 2025
Here is a press round-up in the following sector: Regulatory and Professional Discipline, covering periods from June to July 2025.
31 July 2025
Rethinking enforcement strategy: Key proposals from the BSB's Enforcement Consultation
The Bar Standards Board (BSB) has recently launched a consultation as part of its work towards a much-needed modernisation of its enforcement functions. The consultation seeks feedback on proposed changes to the enforcement regulations under Part 5 of the BSB handbook. It is open until Wednesday 15 October 2025, with a second consultation on the draft regulations to follow in 2026. The new regulations are scheduled to come in effect in 2027.
24 July 2025
Tech-Driven, Ethically Bound: New FRC and ICAEW Guidance on AI Use in the Accountancy Sector
Artificial Intelligence (AI) and digital tools are rapidly transforming the accountancy sector with promises of enhanced efficiency, insight and audit quality. Embracing this innovation wave however, does not come without risk, and regulators are increasingly alert to the ethical implications. The FRC has very recently issued new guidance on the use of AI in audit, coinciding with the ICAEW’s new technology-centred revisions to its Code of Ethics, which came into force on 1 July 2025. Responsible and ethical use of AI is now therefore no longer optional, but a regulatory expectation.
21 July 2025
Changes to the Money Laundering Regulations: Panic stations or steady course?
HM Treasury has published its response to the 2024 consultation on the Money Laundering Regulations, and at first glance, the proposed changes appear to be constructive, and in some cases, quite welcome.
30 June 2025
Understanding the changes to the ICAEW's Code of Ethics: a three-part series
The ICAEW has indicated that it is expanding the definition of “Professional Behaviour” in its Code of Ethics to cover bullying, harassment, victimisation and unfair discrimination. Senior Leaders in accountancy firms need to be mindful of this important change: what should you do when behaviours which might breach the principle of Professional Behaviour are identified? An investigation should be undertaken, but it must be robust, fair and comprehensive. Potential criminal issues should also be navigated very carefully. You will then need to decide if, and how, any poor behaviours are reported to the regulator.
