Disciplinary outcome: undefined undefined
Order by consent
In the matter of
Mrs Lucy Parris MAAT
Membership number
20077580
Date
16 June 2024
Misconduct
Lucy Parris’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. From an unknown date until on or around 15 August 2022, whilst a full member of AAT, she failed to carry out and/or record an adequate firm-wide money laundering risk assessment.
2. From an unknown date until on or around 15 August 2022, 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.
3. From an unknown date until on or around 15 August 2022, whilst a full member of AAT, she did not sufficiently document your Anti-Money laundering policies, controls and procedures.
4. From an unknown date until on or around 15 August 2022, whilst a full member of AAT, she provided company secretarial services outside the scope of your licence.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations team's powers under the Disciplinary Regulations.
Order
Lucy Parris is hereby:
i. Fined £2,500.
ii. Severe Reprimanded for a period of 2 years.
iii. Divested of FMAAT status for a period of 2 years.
Consent
Lucy Parris has agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.
