Disciplinary outcome: Lee Homer
Order by consent
In the matter of
Mr Lee Homer MAAT
Membership number
10424520
Date
6 February 2023
Misconduct
Lee Homer’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:
1. He failed to comply with his obligations under the Money Laundering Regulation in force while providing accountancy and/or bookkeeping services to the public, specifically:
1.1. From an unknown date to on or around 21 February 2022, he failed to apply adequate risk based due diligence and ongoing monitoring measures in respect of one or more clients; and/or
1.2. From an unknown date to on or around 21 February 2022, he did not carry out an adequate review of his anti-money laundering policies, controls and procedures.
2. From an unknown date to on or around 21 February 2022, he did not open a clients’ money account, in accordance with regulation 10 of AAT’s Clients’ Money policy.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations team's powers under the Disciplinary Regulations.
Order
Lee Homer is hereby:
i. Fined £1,000
ii. Severe Reprimand: To remain live on Mr Homer record for a period of 2 years.
iii. Warned that failure to pay the fine within the 90 days of the invoice date or by a date deemed suitable by AAT, then the Investigations Team further recommends that they be removed from AAT’s Register as a member until such a time that the fine is paid
Consent
Lee Homer has agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.
