Disciplinary outcome: Lee Preston
Order by consent
In the matter of
Mr Lee Preston MAAT
Business name
Riverstyle Limited trading as Prestons
Membership number
183248
Date
16 June 2026
Misconduct
- He failed to register an accountancy service provider with an anti-money laundering supervisory authority.
- He failed to hold clients’ money in full compliance of AAT’s Clients’ Money Policy.
- He provided Limited Assurance Engagement whilst not approved to do so.
Finding
By reason of the conduct set out in the Allegations above, Lee Preston committed misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
The Investigations Team orders that Lee Preston is:
- Severely reprimanded for a period of two years.
- Fined £5,000.00
- Divested of his fellow member status for a period of two years.
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.
