Disciplinary outcome: Helen Thomas
Order by consent
In the matter of
Mrs Helen Thomas FMAAT
Business name
Cavandish & Associates Ltd
Membership number
155973
Date
15 July 2025
Misconduct
- She had no ongoing customer due diligence for existing clients in place
- She has no documented Anti-Money laundering policies, controls and procedures in place including reporting discrepancies in the Persons with Significant Control register
- She failed to have in place any and/or any adequate professional indemnity insurance cover in place as set out in AAT’s Professional Indemnity Insurance Policy.
Finding
By reason of the conduct set out in the Allegations above, Helen Thomas is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
Helen Thomas is hereby:
- Severely Reprimanded for a period of 3 years
- Fined £2,500.00
Consent
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.
