Disciplinary outcome: Elizabeth Johnson
Order by consent
In the matter of
Miss Elizabeth Johnson MAAT
Membership number
10297509
Date
8 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 27 January 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 27 January 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 27 January 2022, she failed to carry out an adequate risk assessment and ongoing monitoring in respect of one or more clients.
- For an unknown period of time, she provided trust or company services without being licensed by AAT or registered with HMRC to do so.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.
Order
- Reprimanded, with the reprimand to remain live on her record for a period of two years/24 months.
- Fined £1,000.00.
Consent
Elizabeth Johnson has agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.
