Disciplinary outcome: Sarah Deacon
Order by consent
In the matter of
Mrs Sarah Deacon MAAT AATQB
Membership number
20249927
Date
1 April 2024
Misconduct
Sarah Deacon’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.She failed to comply with her obligations under the relevant Money Laundering Regulations while providing accountancy services to the public, specifically:
1.1 From an unknown period up until on or around 27 January 2023, she failed to carry out any or any adequate risk assessment as part of her client due diligence (CDD) in respect of one or more clients.
2 From an unknown period up until on or around 27 January 2023, she provided Personal Income Tax Services to one or more clients without being appropriately licensed by AAT to do so.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.
Order
Sarah Deacon is hereby:
i.Fined £2000
ii.Severely reprimanded for two years (24 months)
Consent
Sarah Deacon consented to the decision of the Investigations Team in accordance with Regulation 5.3 of the Disciplinary Regulations 2024.
