Disciplinary outcome: Marium Hanif

1. She failed to carry out any or any adequate firm-wide money laundering risk assessment.
2. She failed to have in place any or any adequate documented Anti-Money Laundering policies, procedures, and controls.
3. She failed to have in place adequate procedures to report discrepancies in Persons with Significant Control register.
4. She failed to carry out an adequate risk assessment and ongoing monitoring in respect of one or more clients.
5. She failed to have in place adequate Anti-Money Laundering training for staff members and/or sub-contractors.
6. She failed to carry out any or any adequate periodic review of her Anti-Money Laundering policies.
    

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

The Investigation Team orders that Marium Hanif be:

1. Severely reprimanded for a period of two years
2. Fined £2,500.00 

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.