Disciplinary outcome: Steven Chandler
Order by consent
In the matter of
Mr Steven Chandler MAAT
Business name
SC Accounting Services Ltd
Membership number
10346624
Date
02 September 2026
Misconduct
- He failed to have adequate Anti-Money Laundering policies, procedures, and controls in place in contravention of Regulation 19 of the Money Laundering Regulations 2017.
- He failed to carry out any or any adequate regular review of his Anti-Money Laundering policies, procedures, and controls in contravention of Regulation 21 of the Money Laundering Regulations 2017.
- He failed to carry out any or any adequate client due diligence in respect of one or more clients in contravention of Regulations 27 and 28 of the Money Laundering Regulations 2017.
- He failed to carry out adequate ongoing monitoring in respect of one or more clients in contravention of Regulation 28 of the Money Laundering Regulations 2017.
Finding
The Investigations Team finds that, by reason of the conduct set out in the allegations above, Steven Chandler has committed misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
- £3,000.00 fine
- Severe reprimand, to remain live for a period of two years
- Removal of AAT fellow membership (FMAAT) status for a period of two years.
Consent
The decision of the Investigation Team shall stand as an Order of the Association pursuant to Regulation 5.3 of the Disciplinary Regulations.
