Disciplinary outcome: Selvarajah Vijayakumar
Order by consent
In the matter of
Mr Selvarajah Vijayakumar AATQB
Business name
Vijay Accountancy Services
Membership number
291991
Date
29 June 2025
Misconduct
- For an unknown period up until on or around 19 January 2024, he failed to have any documented AML policies, controls and procedures in place.
- For an unknown period up until on or around 19 January 2024, he failed to have any documented review of AML policies, controls and procedures in place.
- For an unknown period up until on or around 19 January 2024, he failed to have accurate due diligence in place for all existing clients.
- For an unknown period up until on or around 19 January 2024, he failed to an adequate and appropriate Continuity of Practice Agreement in place.
- From 03 July 2017 to 19 January 2024, he failed to maintain the required level of professional indemnity insurance as set out in AAT’s Professional Indemnity Insurance Policy.
- For an unknown period up until on or around 19 January 2024, he provided unapproved services which are not covered by his licence certificate.
Finding
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.
Order
Selvarajah Vijayakumar is hereby:
- Fined £2,100
- Severely reprimanded for a period of two 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.
