Disciplinary outcome: Emma Phetkul - Bright Accounting Ltd
Order by consent
In the matter of
Mrs Emma Phetkul - Bright Accounting Ltd MAAT
Membership number
219427
Date
25 November 2024
Misconduct
Emma Phetkul'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:
Allegation 1
From an unknown date until on or around 07 September 2023, whilst a full member of AAT, she failed to carry out and/or record an adequate firm-wide money laundering risk assessment.
Allegation 2
From an unknown date until on or around 07 September 2023, whilst a full member of AAT, she failed to apply adequate risk-based due diligence and ongoing monitoring measures in respect of one or more clients.
Allegation 3
From an unknown date until on or around 07 September 2023, whilst a full member of AAT, she did not document her Anti-Money laundering policies, controls and procedures.
Allegation 4
From an unknown date until on or around 07 September 2023, whilst a full member of AAT, she did not carry out an adequate review of her Anti-Money laundering policies, controls and procedures.
Allegation 5
From an unknown date until on or around 07 September 2023, whilst a full member, she did not have adequate anti money laundering training in place for her relevant employees.
Finding
By reason of the conduct set out in the Allegations above, Emma Phetkul is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
The Investigation Team orders that [name of member] be:
1. Fined £2,500
2. Severely Reprimanded for 3 years
Consent
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.
