Disciplinary outcome: Nicholas Millard
Order by consent
In the matter of
Nicholas Millard FMAAT
Business name
Accounting 4 Everything SW Limited
Membership number
269973
Date
23 July 2025
Misconduct
- He did not comply with his obligations under the Money Laundering Regulations in force while providing accountancy services on a self-employed basis. Specifically, he failed to:
- regularly perform and document a firm-wide risk assessment; and/or
- have in place any or any adequate anti-money laundering (AML) policies or procedures; and/or
- effectively document client due diligence (CDD) measures.
- He failed to maintain an adequate record of continuing professional development (CPD) activities undertaken as is required under AAT’s CPD Policy
- He failed to issue letters of engagement to one or more clients that were fully compliant with paragraph 5 AAT’s Client Care Policy.
Finding
By reason of the conduct set out in the Allegations above, Nicholas Millard is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
Nicholas Millard is hereby:
- Reprimanded for a period of two years
- Fined £2,000
- Warned about his future conduct.
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.
