Disciplinary outcome: Deborah Wilde

1. She failed to have in place adequate Anti-Money Laundering policies, procedures, and controls in accordance with Regulation 19.
2. She failed to carry out any or any adequate regular review of her Anti-Money Laundering policies, procedures and controls in accordance with Regulation 21c.
3. She failed to carry out an adequate risk assessment and ongoing monitoring in respect of one or more clients in accordance with Regulation 27 and 28.
4. She failed to carry out an adequate firm-wide money laundering risk assessment in accordance with Regulation 18.
5. She failed to comply with regulation 10, 11, 19 and 33b of AAT’s Clients’ Money policy.
6. She provided Limited Assurance Engagement services to the public outside the scope of her AAT licence.

By reason of the conduct set out in the Allegations above, Deborah Wilde is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.

The Investigation Team orders that Deborah Wilde be:

1. Fined £1,750.
2. Severely Reprimanded for two years.
3. FMAAT status removed for two years.

The decision of the Investigations Team shall stand as an Order of the Association pursuant to Regulations 5.2 and 5.3 of the Disciplinary Regulations.