Disciplinary outcome: Steven Chambers

1. He failed to carry out any or any adequate firm-wide money laundering risk assessment
2. He failed to have in place any or any adequate documented Anti Money Laundering policies, procedures, and controls
3. He failed to have in place any or any adequate Anti-Money Laundering training for himself and/or the other director
4. He failed to carry out any or any adequate client due diligence in respect of one or more clients
5. He provided Independent Examination services to one or more clients without being appropriately licensed by AAT to do so
6. He provided services that were not in accordance with relevant accounting standards and statutory requirements.

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

The Investigation Team orders that Steven Chambers be:

1. Severely reprimanded for a period of two years
2. Fined £2,500.00 

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.