Disciplinary outcome: Aatif Rehman
Order by consent
In the matter of
Mr Aatif Rehman MAAT
Membership number
10021325
Date
15 August 2023
Misconduct
Aatif Rehman’s professional or personal conduct, was found to be in breach of the Code of Professional Ethics and to have posed a risk to the public or was likely to undermine public confidence in the Association or its members; namely:
1. He failed to comply with his obligations under the Money Laundering Regulation in force while providing accountancy and/or bookkeeping services to the public, specifically:
1.1. Between on or around 26 June 2017 and around 19 April 2022, whilst a full member of AAT, he failed to apply adequate risk-based due diligence and ongoing monitoring measures in respect of one or more clients.
1.2. Between on or around 04 November 2014 and around 19 April 2022, whilst a full member of AAT, he did not carry out an adequate review of your anti-money laundering policies, controls and procedures.
1.3. For an unknown period up until on or around 19 April 2022, whilst a full member he did not have adequate anti money laundering training in place for your relevant employees in accordance with MLR 2017.
2. For an unknown period up until on or around 19 April 2022, whilst a full member of AAT, he failed to comply with AAT’s CPD Policy.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations team's powers under the Disciplinary Regulations.
Order
Aatif Rehman is hereby:
i. Expelled from AAT for a period of 5 years.
Consent
Aatif Rehman is deemed to have agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations
