Disciplinary outcome: Sonia Booth
Order by consent
In the matter of
Sonia Booth FMAAT
Membership number
126490
Date
28 December 2022
Misconduct
Sonia Booth’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:
- For an unknown period up until on or around 09 June 2022, she did not comply with her obligations under the Money Laundering Regulations in force while providing accountancy services on a self-employed basis. Specifically, she failed to document the following
a. Firm-wide risk assessment
b. Initial and ongoing client risk assessments
c. Anti-money laundering compliance review - For an unknown period up until on or around 30 March 2022, she provided Company Secretarial Services whilst not licensed 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
Sonia Booth is hereby:
- Reprimanded for a period of 12-months
- Fined £1,500
- Warned about her future conduct.
Consent
Sonia Booth passively consented to the decision of the Investigations Team in accordance with paragraph 6 of the Disciplinary Regulations.
