Disciplinary outcome: Philip Robson
Order by consent
In the matter of
Mr Philip Robson MAAT
Membership number
10109754
Date
24 September 2024
Misconduct
Philip Robson was found to have committed an act or omission that falls short of the standards reasonably expected of him, including but not limited to those matters listed in the Code of Professional Ethics, which brings, or is likely to bring, discredit to him, the accountancy profession or AAT; namely:
- For an unknown period until on or around 23 August 2023 he failed to have in place adequate Anti-Money Laundering policies, procedures and controls.
- For an unknown period until on or around 23 August 2023 he failed to carry out an adequate firm-wide money laundering risk assessment.
- For an unknown period until on or around 23 August 2023 he failed to carry out any or any adequate periodic review of his Anti-Money Laundering policies, procedures and controls.
- For an unknown period until on or around 23 August 2023 he provided limited assurance engagement services to clients without being licensed by AAT to do so.
- For an unknown period until on or around 23 August 2023 he failed to receive and/or hold clients’ money in accordance with AAT’s Clients’ Money Policy.
- For an unknown period until on or around 23 August 2023 he failed to have in place any or any adequate continuity of practice agreement.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.
Order
Philip Robson is hereby:
- Fined £3,500.00
- Severely reprimanded for a period of two years.
Consent
Philip Robson has agreed to submit to the decision of the Investigations Team in accordance with Regulation 5.3 of the Disciplinary Regulations.
