Disciplinary outcome: Mark Hodson
Order by consent
In the matter of
Mr Mark Hodson MAAT
Business name
Hodsons Accountants
Membership number
7926384
Date
09 January 2026
Misconduct
- For an unknown period until on or around 17 February 2025 he failed to document anti-money laundering policies, controls and procedures in breach of Regulation 19 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
- For an unknown period until or around 17 February 2025 he failed to carry out and/or document ongoing monitoring in respect of one or more clients in breach of Regulation 28(11) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
- For an unknown period until or around 17 February 2025 he failed to demonstrate effective verification procedures in relation to customer due diligence measures, in breach of Regulation 28 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
- For an unknown period until or around 17 February 2025 he failed to meet bank notification requirements upon opening client bank account(s) in accordance with Section 11 of AAT’s Clients’ Money Policy.
- For an unknown period until or around 17 February 2025 he failed to carry out and/or document an annual compliance review in breach of Section 33(b) of AAT’s Clients’ Money Policy.
- For an unknown period until or around 17 February 2025 he failed to meet AAT’s minimum requirements regarding professional indemnity insurance (PII) cover, breaching Section 5 of AAT’s Professional Indemnity Insurance (PII) Policy.
- For an unknown period until or around 17 February 2025, he has been providing or holding himself out as providing limited assurance engagement services without being licensed by AAT to do so, in breach of Regulation 6.4 of AAT’s Licensing Regulations.
Finding
By reason of the conduct set out in the Allegations above, Mark Hodson is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
- Severely reprimanded for a period of three years.
- Fined £3,000.00.
- Removed of fellow membership status for a period of three 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.
