Criminal conduct by Institute of Chartered Accountants in England and Wales (ICAEW) members will now be dealt with according to the new version of the Guidance on Sanctions, which simplifies, as well as amplifies, the 2018 version, Kingsley Napley has noted.

The new guidance is binding on all the committees of the ICAEW when considering complaints against ICAEW members, students, affiliates and member/regulated/contracted firms. It is an important reference document for those regulated by the ICAEW, helping them to understand the sanctions that may be imposed by the regulator should they come into contact with the criminal justic...