Disciplinary outcome: Andrew Parker
Order by consent
In the matter of
Mr Andrew Parker MAAT
Membership number
10136598
Date
4 April 2023
Misconduct
Andrew Parker's conduct was found to be in breach of 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 June 2022, he failed to carry out an adequate firm-wide money laundering risk assessment.
2. For an unknown period up until on or around 27 June 2022, he failed to apply adequate risk based due diligence and ongoing monitoring measures in respect of one or more clients.
3. For an unknown period up until on or around 27 June 2022, he failed to maintain an adequate written record of his anti-money laundering policies, controls and procedures.
4. For an unknown period up until on or around 27 June 2022, he failed to issue any or any adequate letters of engagement to one or more clients.
5. For an unknown period up until on or around 27 June 2022 he submitted around seven deliberate submissions of inaccurate and incomplete accounts to Companies House to meet the filing deadlines for clients.
Finding
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.
Order
Andrew Parker is hereby:
1. Reprimanded; Severe reprimand will expire 36 months from the date of this Order
2. Fined £2,500
3. Warned about his future conduct.
Consent
Andrew Parker consented to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.
