Disciplinary outcome: Dilwar Hussain

Dilwar Hussain’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. He failed to comply with his obligations under the Money Laundering Regulation in force while providing accountancy and/or bookkeeping services to the public, specifically:  

1.1.  between on or around 09 August 2019 and on or around 23 June 2021, he did not maintain an adequate written record of his anti-money laundering policies, controls and procedures; and/or  

1.2.  between on or around 09 August 2019 and on or around 23 June 2021, he failed to apply adequate risk-based due diligence and ongoing monitoring measures in respect of one or more clients; and/or  

1.3.  between on or around 09 August 2019 and on or around 23 June 2021, he did not carry out and/or record an adequate firm-wide money laundering risk assessment; and/or  

1.4.  between on or around 09 August 2019 and on or around 23 June 2021, he did not carry out an adequate review of your anti-money laundering policies, controls and procedures  

2. Between on or around 09 August 2019 and on or around 23 June 2021 he failed issue an adequate letter of engagement to one or more clients as required under paragraph 5 of AAT’s Client Care policy.  

3. Between 01 July 2020 to 21 June 2021, he failed to maintain appropriate professional indemnity insurance cover in respect of an accounting practice in which he is a director, namely H&D Associates Limited.  

4. Between on or around June 2020 to 23 June 2021 he failed to register with the Information Commissioner's Office. 

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

Dilwar Hussain is hereby:

i. Severe Reprimand, to remain live on Mr Hussain’s record for a period of 2 years  

ii. Fined: Fine totalling £250  

iii. Warned that failure to pay the fine within the allotted period or on such terms that Professional Standards believes is reasonable, will result in the immediate removal of his membership and license until such time that the fine is paid in full. 

Consent