Disciplinary outcome: Ann Shaftoe

Order by consent

In the matter of

Ann Shaftoe MAAT

Membership number

10039477

Date

9 August 2023

Misconduct

Ann Shaftoe'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:
1. Between 09 October 2017 until on or around 20 June 2023, she provided self-employed accountancy or related services to the public whilst not licensed or approved to provide such services whilst subject to an exemption
2. Between 09 October 2017 until on or around 20 June 2023, she provided self-employed accountancy or related services to the public without being registered with a supervisory authority within the meaning of The Money Laundering Regulations.

Finding

Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.

Order

Ann Shaftoe is hereby:
1. Reprimanded for a period of 24-months 
2. Deemed ineligible to hold fellow membership status for a period of 24-months 
3. Fined £1,680
4. Warned about her future conduct. 

Consent

Anne Shaftoe consented to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.