Disciplinary outcome: Matthew Gregory

Matthew Gregory's conduct was found to be in breach of the Code of Professional Ethics and to have posed a risk to the public and/or undermine public confidence in the Association and its members as follows:

1. For an unknown period up until on or around 27 March 2023, he did not comply with his obligations under the Money Laundering Regulations in force while providing accountancy and/or related services on a self-employed basis. Specifically, he failed:  
   a. perform a risk assessment for new and existing client; and/or
   b. carry out a review of his anti-money laundering policies, controls, and procedures.
2. For an unknown period up until on or around 27 March 2023, he provided the service Management Accounting whilst not approved to do so.
3. For an unknown period up until on or around 27 March 2023, he failed to issue letters of engagement that were fully compliant with paragraph 5 of AAT’s Client Care Policy. 

Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.

Matthew Gregory is hereby:

1. Reprimanded for a period of two years 
2. Fined £1,000
3. Deemed unfit to hold fellow membership status for a period of two years
4. Warned about his future conduct.

Consent