Disciplinary outcome: Mohamed Damji
Order by consent
In the matter of
Mr Mohamed Damji MAAT
Membership number
6192115
Date
09 November 2024
Misconduct
- He failed to comply with his obligations under the relevant Money Laundering Regulations while providing accountancy services to the public, specifically:
- He failed to carry out any or any adequate firm wide risk assessment and/or
- He failed to have in place any or any adequate documented AML policies, controls, and procedures and/or
- He failed to carry out any or any adequate risk assessment and ongoing monitoring in respect of one or more clients.
Finding
By reason of the conduct set out in the Allegations above, Mohamed Damji is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
Mohamed Damji is hereby:
- Fined £2500.00
- Severely reprimanded for two years (24 months)
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.
