Disciplinary outcome: Toni-Jean Piercey

1. She failed to have in place any or any adequate Anti-Money Laundering policies, procedures, and controls.
2. She failed to carry out and/or document ongoing customer due diligence for existing clients.
3. She failed to have in place any or any adequate continuity of practice agreement.
4. She provided limited assurance engagement services to clients without being licensed by AAT to do so.

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

The Investigation Team orders that Toni-Jean Piercey is:

1. Fined £3,000.00
2. Severely Reprimanded for a period of two years.
3. Removed from AAT fellow membership (FMAAT) for a period of two years.

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.