Regulatory & Conduct News

Regulatory & Conduct News

Download ICAEW's 2024 Practice Assurance Monitoring Report, FAQs to help you prepare for PII changes and our Regulatory and Conduct Annual Report. Read the latest disciplinary cases, new Code of Ethics wording and register for upcoming webinars that are relevant to your role.

Key reminders and updates

Disciplinary update July

Take note of the latest disciplinary cases to ensure you or your firm are not making similar mistakes.

ICAEW’s 2024 Practice Assurance Monitoring Report

Read the report to find what issues were identified from more than 1,300 reviews and ensure you’re not making similar, avoidable mistakes.

Download the report

Register for our webinar to listen to the results of this year's report

New 'Professional Behaviour' provisions in the ICAEW Code of Ethics: effective early 2025

We have incorporated your feedback and ICAEW Council has approved the final updated wording for sub-section 115 of the Code of Ethics. Find out what will change and read the consultation feedback.

PII: frequently asked questions

Read our responses to FAQs to help you understand new requirements and assess whether you will need to make changes to your firm’s professional indemnity insurance after 1 September.

Strengthening trust

Our role is to act in the public interest and strengthen trust in the profession. Find out more in our?Regulatory and Conduct Annual Report 2023/24.

Professional Refresher: the ICAEW DPB (Investment Business) Licence

Our experts provide a refresher on investment business regulation. This webinar is relevant for firms who already hold a licence, and for those who want to check whether they need to apply for one. Register to ensure your firm remains compliant.


Anti-money laundering updates

Customer due diligence in practice: recording available

If you missed the live event, you can still listen back to the recording. Presenters included money laundering reporting officers alongside our AML supervision team.

Companies House: proposed ID verification explained

Proposed amendments to the Companies Act 2006 introduce ID verification to help stamp out money laundering via fake identities.


Audit updates

Proposed change: notifying ICAEW about new audits

Respond to our proposal that firms should notify us when appointed as the auditor of certain entities. Deadline 6 September.


Insolvency updates

HMRC Insolvency Bulletin: VAT Insolvency Only Mailbox

HMRC has issued a reminder that, as the VAT Insolvency Only mailbox is automated, the subject line must be one of the options stated in the bulletin.

Preparing a statement of affairs: back to basics

We are finding that insolvency practitioners aren’t making sufficient enquiries to enable them to prepare a correct statement of affairs. Read our tips on ensuring they are accurate and compliant.


Probate updates

2025 probate fee consultation

Access our proposed probate fee scales for 2025 including our budget and reserved legal services plan, and let us know your feedback. The consultation is open until 27 August.

Keeping clients informed about costs

We explain the importance of recently revised LeO guidance and flag points to consider regarding probate fees.

Legal services update

Register to hear the most common findings from recent monitoring reviews and for an update on the latest regulatory changes.


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