PracticePeople In PracticeEnglish ICA web trading seal launched

English ICA web trading seal launched

The English ICA has launched its long-awaited international online trading seal, which it hopes will become the official e-commerce standard for websites.

KPMG has worked with the institute on the ‘WebTrust’ accreditation, which has been designed for all sized companies with a web presence, in a bid to eliminate security scares. The firm will be responsible for carrying out the audit checks on the sites.

It is understood 20 accountancy firms including Spofforths have gained a licence from the institute to offer the seal – a further 100 having expressed an interest. The institute will operate the seal in the UK and will be responsible for training and licensing firms to undertake compliance audits and authorise the use of the seal.

The ICA’s Chris Howard denied the seal would offer a 100% guarantee against security scares.

ICAEW press release

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