Disciplinary outcome: Carmen Parker
Order by consent
In the matter of
Miss Carmen Parker MAAT
Membership number
210438
Date
21 July 2024
Misconduct
Carmen Parker'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. For an unknown period up until on or around 02 February 2023, she failed to carry out an adequate risk assessment and ongoing monitoring in respect of one or more clients
2. For an unknown period up until on or around 02 February 2023, she failed to carry out any or any adequate firm-wide money laundering risk assessment.
3. For an unknown period up until on or around 02 February 2023, she failed to have in place any or any adequate documented AML policies, controls, and procedures.
4. For an unknown period up until on or around 02 February 2023, she failed to undertake any or any adequate Anti-Money Laundering training.
5. For an unknown period up until on or around 02 February 2023, she acted as a Trust or Company Service Provider (TCSP) without being licensed by AAT or registered with HMRC as a relevant person to do so.
3. For an unknown period up until on or around 02 February 2023, she failed to have in place any or any adequate Continuity of Practice.
4. For an unknown period up until on or around 02 February 2023, she failed to have in place any or any adequate Letters of Engagement.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.
Order
Carmen Parker is hereby:
1. Fined £2500
2. Severely Reprimanded for a period of 2 years (24 months)
Consent
Carmen Parker has agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.
