Disciplinary outcome: undefined undefined
Order by consent
In the matter of
Mr Brian Gumbley FMAAT
Membership number
230892
Date
30 May 2024
Misconduct
It is alleged that Brian Gumbley, being a full member of the Association of Accounting Technicians
("AAT"), is guilty of misconduct in that:
1. From an unknown date until on or around 03 August 2023, whilst a full member of AAT, he failed to carry out and/or record an adequate firm-wide money laundering risk assessment.
2. From an unknown date until on or around 03 August 2023, 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.
3. From an unknown date until on or around 03 August 2023, whilst a full member of AAT, he did
not conduct an adequate review his Anti-Money laundering policies, controls and procedures.
4. From an unknown date until on or around 03 August 2023, whilst a full member of AAT, he did
not comply with AAT Clients’ Money Policy with Regulations in accordance with regulation (33b)
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations team's powers under the Disciplinary Regulations.
Order
Brian Gumbley is hereby:
- Fined £2,000.
- Divested of his FMAAT status for a period of 2 years.
- Severe Reprimand to remain the members file for a period of 2 years.
Consent
Brian Gumbley has agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.
