Disciplinary outcome: Catherine Norman
Order by consent
In the matter of
Mrs Catherine Norman MAAT
Membership number
178082
Date
15 November 2022
Misconduct
- She failed to comply with her obligations under the relevant Money Laundering Regulations while providing accountancy services to the public, specifically:
- From an unknown date until on or around 15 March 2022, she did not carry out and/or record an adequate firm-wide money laundering risk assessment; and/or
- From an unknown date until on or around 15 March 2022, she did not maintain an adequate written record of her anti-money laundering policies, controls and procedures; and/or
- From an unknown date until on or around 15 March 2022, she did not carry out an adequate review of her anti-money laundering policies, controls and procedures; and/or
- From an unknown date until on or around 15 March 2022, she did not apply and/or record adequate client due diligence measures in respect of one or more clients.
- From an unknown date until on or around 29 September 2021, she provided services outside the scope of her AAT licence; namely:
- Capital gains tax; and/or
- Management accounting; and/or
- Limited assurance engagement.
- From an unknown date until on or around 29 September 2021, she failed to issue letters of engagement that were compliant with AAT’s Client Care policy on one or more occasions.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.
Order
- Declared unfit to hold associate and/or full membership of AAT for a period of five years (60 months).
Consent
Catherine Norman is deemed to have agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.
