Disciplinary outcome: Umit Yaylagu
Order by consent
In the matter of
Mr Umit Yaylagu MAAT
Business name
Bey Accountancy and Consultancy Ltd
Membership number
20332191
Date
29 December 2025
Misconduct
- He failed to carry out an adequate risk assessment and ongoing monitoring in respect of one or more clients in accordance with Regulation 27 and 28 of the Money Laundering Regulations 2017.
- He failed to carry out an adequate firm-wide money laundering risk assessment in accordance with Regulation 18 of the Money Laundering Regulations 2017.
- He did not have adequate cover as per AAT’s Professional Indemnity policy.
Finding
By reason of the conduct set out in the Allegations above, Umit Yaylagul is guilty of misconduct pursuant to Article 21 of AAT’s Articles of Association.
Order
The Investigation Team orders that Umit Yaylagul be:
- Fined £2,500
- Severely Reprimanded for two years
Consent
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.
