Disciplinary outcome: Luke Monks

Order by consent

In the matter of

Luke Monks MAAT

Membership number

20032471

Date

13 March 2023

Misconduct

Luke Monks’ 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. On or around 07 November 2022, he failed to disclose a creditor arrangement on application to renew his AAT membership and licence
2. He failed to disclose a creditor arrangement to the Association within 30-days of its occurrence.

Finding

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

Order

Luke Monks is hereby:
1. Not permitted to receive and/or hold clients’ money until such time that his individual voluntary arrangement (IVA) is fully concluded 
2. Declared ineligible to hold fellow member status until such time that his IVA is fully concluded
3. Warned about his future conduct. 

Consent

Luke Monks passively consented to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.