Disciplinary outcome: Selvarajah Vijayakumar

1. He failed to have any documented AML policies, controls and procedures in place.
2. He failed to have any documented review of AML policies, controls and procedures in place.
3. He failed to have accurate due diligence in place for all existing clients.
4. He failed to an adequate and appropriate continuity of practice agreement in place.
5. He failed to maintain the required level of professional indemnity insurance as set out in AAT’s Professional Indemnity Insurance Policy.
6. He provided unapproved services which are not covered by his licence certificate.

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

1. Fined £2,100.00
2. Severely reprimanded for a period of two years 

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.