DisciplinaryNews
Allegations of misconduct against AAT members are investigated by the Professional Standards team, using AAT’s disciplinary process. Please note: the following is only a summary; full details are at bit.ly/disciplinary-outcomes
All sanctions are determined in line with AAT’s Indicative Sanctions Guidance and reflect the particular circumstances and available evidence present in each case. All allegations of misconduct were valid at time of publication.
Aatif Rehman (10021325) committed multiple breaches of the Money Laundering Regulations (MLR) and breached AAT’s CPD Policy. He was expelled from membership of AAT for five years.
Ann Shaftoe (10039477) provided self-employed accountancy services without a licence and without appropriate Anti-Money Laundering (AML) supervision. She was fined £1,680, reprimanded, warned and deemed ineligible to hold AAT fellow membership for a period of two years. The reprimand will remain on her record for two years.
Anthony Mills (10061380) provided self-employed accountancy services without an AAT licence and failed to notify AAT of a disciplinary sanction imposed by another professional body or regulator within 30 days. He was fined £700, reprimanded and removed from AAT fellow membership for a period of three years. The reprimand will remain on his record for three years.
Cumarasamy Kailaya-Vasan (64186) committed multiple breaches of the MLR, failed to issue a letter of engagement to one or more clients, failed to hold clients’ money in full compliance with AAT’s Clients’ Money Policy and failed to complete a set of charity accounts in accordance with relevant accounting standards. He was fined £2,500, reprimanded, warned and removed from AAT fellow membership for a period of two years. The reprimand will remain on his record for two years.
Ina Bivol (20064343) failed to hold the required level of professional indemnity insurance (PII). She was fined £1,000 and reprimanded. The reprimand will remain live on her record for one year.
James Cornock (151783) provided self-employed accountancy services to the public without a licence. He was fined £3,828, reprimanded, warned and deemed ineligible to hold AAT fellow membership for a period of three years. The reprimand will remain on his record for three years.
Malcolm Warrender (52483) committed multiple breaches of the MLR and provided services outside the scope of his AAT licence. He was fined £2,500 and reprimanded. The reprimand will remain on his record for two years.
Peter Boardman (7879944) committed multiple breaches of the MLR, failed to issue a letter of engagement to one or more clients, provided services outside the scope of his AAT licence and failed to hold clients’ money in accordance with AAT’s Clients’ Money Policy. He was fined £1,500, reprimanded, warned and deemed ineligible to hold AAT fellow membership for a period of two years. The reprimand will remain on his record for two years.
Raymond Gardener (118810) committed multiple breaches of the MLR, failed to issue any – or any adequate – letters of engagement to one or more clients and did not open a clients’ money account in accordance with AAT’s Clients’ Money Policy. He was fined £500 and severely reprimanded. The severe reprimand will remain on his record for two years.
Ryan Mundy (10366967) committed multiple breaches of the MLR, failed to hold clients’ money in accordance with AAT’s Clients’ Money Policy and failed to issue a letter of engagement to one or more clients. He was fined £500, reprimanded and warned. The reprimand will remain on his record for two years.
For more information on AAT’s licence requirements, visit aat.org.uk/about-aat/professional-standards/aat-licensing
