Disciplinary outcome: Tejinder Gawera
Order by consent
In the matter of
Tejinder Gawera MAAT
22 December 2022
Tejinder Gawera's conduct was found to be in breach of the Code of Professional Ethics and to have posed a risk to the public and/or undermine public confidence in the Association and its members as follows:
1. For an unknown period up until on or around 31 May 2022, 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:
a. apply to AAT for approval of a beneficial owner, officer, or manager for Jetred Ltd
b. have in place any or any adequate anti-money laundering policies or procedures
c. have in place procedures to report discrepancies to Companies House concerning persons of significant control in connection to limited company clients and/or limited liability partnership clients
d. complete a firm-wide risk assessment
e. document a risk assessment for new clients
f. undertake regular anti-money laundering training
g. carry out an adequate review of his anti-money laundering controls
2. Between on or around 13 February 2019 to on or around 13 February 2021, he failed to maintain the required level of professional indemnity insurance as set out in AAT’s Professional Indemnity Insurance Policy
3. For an unknown period up until on or around 25 October 2021 he provided Company Secretarial Services and Capital Gains Tax whilst not licensed to do so.
Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.
Tejinder Gawera is hereby:
1. Reprimanded for a period of 24-months
2. Deemed ineligible to hold fellow membership status whilst the reprimand is active
3. Fined £3,500
4. Warned about his future conduct.
Tejinder Gawera actively consented to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.