Disciplinary outcome: Menachem Jacobs
Order by consent
In the matter of
Mr Menachem Jacobs AATQB
Business name
Jacobs & Co Accounting Ltd Jacobs & MF Ltd
Membership number
10295523
Date
03 July 2026
Misconduct
- He failed to carry out an adequate firm-wide money laundering risk assessment.
- He failed to have in place adequate Anti-Money Laundering policies, procedures, and controls.
- He provided Management Account services to the public outside the scope of his AAT licence.
- From 23 September 2021 until on or around 24 July 2025, he failed to have an adequate level of professional indemnity insurance cover
Finding
By reason of the conduct set out in the Allegations above, Menachem Jacobs is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
- Severely reprimanded for three years.
- Fined £3,000.
Consent
The decision of the Investigations Team shall stand as Order of the Association pursuant to Regulations 5.2 and 5.3 of the Disciplinary Regulations.
