Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: Whitchurch
Company Nation/Region: England
Penalty: £630
Year: 2020
Date: 2 March, 2020
Offence Group: financial offences
Offence Type: anti-money-laundering deficiencies
Violation Description: The owner of Wheeler & Company of Whitchurch, United Kingdom has agreed to pay a practice assurance penalty of £630, which was decided by the Practice Assurance Committee. This was in view of the firm's admitted breach of Practice Assurance Regulation 4 (2008 Regulations); in that he failed to comply with a written assurance given in his responses to section 4.2.1 of the 2010 closing record, to document a risk assessment and check the information held to confirm the identity of all existing clients, as required by the Money Laundering Regulations 2007
Action Type: agency action
Settlement Type: Practice Assurance Committee decision
Agency: Institute of Chartered Accountants in England and Wales
Source of Data: (click here)