Disciplinary outcome: Gavin Ng
Order by consent
In the matter of
Mr Gavin Ng MAAT
Membership number
10168181
Date
7 February 2023
Misconduct
Gavin Ng’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:
It is alleged that Gavin Ng, being a full member of the Association of Accounting Technicians ("AAT"), is guilty of misconduct in that:
1.Between on or around 07 March 2019 and around 08 October 2021, whilst a full member of AAT, he provided Bookkeeping and Company Secretarial Services to the public outside the scope of his license.2.Between on or around 07 March 2019 and around 08 October 2021, whilst a full member of AAT, he failed to apply adequate risk-based due diligence and ongoing monitoring measures in respect of one or more clients.3.Between on or around 07 March 2019 and around 08 October 2021, whilst a full member of AAT, he did not carry out an adequate review of his anti-money laundering policies, controls and procedures.4.Between on or around 07 March 2019 and around 08 October 2021, whilst a full member of AAT, he did not maintain an adequate written record of his anti-money laundering policies, controls and procedures.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations team's powers under the Disciplinary Regulations.
Order
Gavin Ng is hereby:
i.Fined £2,500
ii.Severe Reprimand to remain on Mr Ng’s record for a period of 2years.
iii.Condition on licence: Relating to Client Due Diligence matters.
Consent
Gavin Ng has agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.
