Disciplinary outcome: Theveraj Thiruchelvam

Order by consent

In the matter of

Mr Theveraj Thiruchelvam FMAAT

Membership number



18 October 2022


  1. He failed to comply with his obligations under the relevant Money Laundering Regulations while providing accountancy services to the public, specifically:
    1. From an unknown date until on or around 07 January 2022, he did not carry out an adequate review of his anti-money laundering policies, controls and procedures; and/or
    2. From an unknown date until on or around 27 January 2022, he failed to carry out an adequate risk assessment and ongoing monitoring in respect of one or more clients.
  2. For an unknown period of time, he provided trust or company services without being licensed by AAT or registered with HMRC to do so.
  3. From an unknown date until on or around 07 January 2022, he failed to maintain any or any adequate Professional Indemnity Insurance (PII) coverage in respect of TGH & Co Limited, in contravention of AAT’s Professional Indemnity Insurance policy.


Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.


  1. Reprimanded, with the reprimand to remain live on his record for a period of two years/24 months.
  2. Fined £3,500.00.


Theveraj Thiruchelvam has agreed to submit to the decision of the Investigations Team in accordance with Regulation 6 of the Disciplinary Regulations.