Disciplinary outcome: Elizabeth Wheeler

1. She failed to carry out any or any adequate firm-wide money laundering risk assessment.
2. She failed to carry out any or any adequate periodic review of her Anti-Money Laundering policies, procedures, and controls.
3. She failed to carry out any or any adequate client due diligence in respect of one or more clients.
4. She provided business income tax and personal income tax to one or more clients without being appropriately licensed by AAT to do so.

By reason of the conduct set out in the Allegations above, Elizabeth Wheeler is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.

The Investigation Team orders that Elizabeth Wheeler be:

1. Severely Reprimanded for a period of two years
2. Fined £2000.00

The decision of the Investigations Team shall stand as an Order of the Association pursuant to Regulations 5.2 and 5.3 of the Disciplinary Regulations.