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ICAEW reprimanded for regulatory failings by Insolvency Service

Professional Services Correspondent

The Institute of Chartered Accountants in England and Wales has been reprimanded by the Insolvency Service for failing to monitor an insolvency practitioner who absconded with £4m in estate funds.

The ICAEW acts as both a representative body for accountants and as a regulator for accountants and insolvency practitioners.

Insolvency Service reprimands ICAEW after practitioner absconds with £4m

Accountancy body reprimanded by Insolvency Service after practitioner absconds with £4m

James Booth

Europe

London

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