A CONVICTED PAEDOPHILE has been excluded from membership of the ICAEW.
The un-named ICAEW member was convicted 11 September 2012 of 14 charges for a number of indecent assaults on a child or male person. He was sentenced to five years' imprisonment.
The incidents occurred during the 1970s and 1980s, when he was a teaching assistant and qualified teacher.
The institute made several other findings in its June batch of disciplinaries. Andrew Alexander of Frinton-On-Sea was excluded from membership and ordered to pay costs of £1,950 for breaches relating to failing to submit an annual return, failing to hold PI insurance ad failing to respond to the Quality Assurance Department's requests for information.
Gerald Edelman of Whetstone agreed to a consent order where the firm was severely reprimanded, fined £10,000 and ordered to pay costs of £2,180, for failing to immediately pay client funds into a client bank account on 43 occasions totalling £3.8m. It also failed to annually review whether its systems were adequate to comply with money laundering regulations.
Orders were made against other firms by the audit registration committee and investment business committee, including CBHC LLP, PM+M Solutions, Folkes Worton and Maynard Heady.
You may also like
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources.