Keep updated
Be the first to know when regulatory newsletters are released by following us on LinkedIn and subscribing to our monthly newsletter, Regulatory & Conduct News.
Follow us on LinkedIn Subscribe to our newsletter 
Displaying 1-14 of 14 results
Interested in sharing your thoughts on EDI within the legal profession?
- 31 Jan 2024
On behalf of the Legal Services Board, The Social Change Agency is researching into equality, diversity and inclusion (EDI) and social mobility in the legal profession, including ICAEW probate accredited firms, and will be conducting short interviews to help develop an understanding of what the barriers are. Email Rachel Krengel on rachel@thesocialchangeagency.org by mid-February to give your input.
Update on probate delays: Government call for evidence
- 31 Jan 2024
The UK Government’s Justice Select Committee wanted to hear from professional and individual users about their experiences of applying for probate and using the Probate Registry. Find out our response after including feedback from affected users on their experiences.
Quality Assurance monitoring end-of-year feedback results
- 29 Jan 2024
Find out what our firms thought of the monitoring review process in 2023.
Client satisfaction: do you really know what your clients think?
- 25 Jan 2024
Client feedback helps you improve your services, pick up any problems early, and build stronger relationships. Good reviews and referrals from satisfied clients can also support you in growing your business. We talk to some ICAEW probate accredited firms about the different ways they obtain feedback, and how they use it.
Recording tax and National Insurance for former employees on an insolvent entity
- 17 Jan 2024
- PDF (125kb)
Follow HMRC’s process outlined in its recent insolvency guidance when practitioners need to record tax and National Insurance due on a dividend paid to the former employees of an insolvent entity. By setting up a new Employment Protection Act (EPA) PAYE Scheme, along with the Accounts Office reference number, it will help ensure these payments are allocated correctly.
Tax returns and payments in administrations
- 17 Jan 2024
- PDF (116kb)
Access HMRC's latest insolvency guidance with information about tax returns and payments in administrations and what process to follow relating to how tax may arise during the period of administration as a result of an administrator's actions. These expenses rank for payment ahead of any remuneration payable to the administrator.
Professional Standards Update January 2024
- 15 Jan 2024
This month we highlight updates to our FAQs for firms regarding CPD changes, remind you about our consultation on proposed changes to the ICAEW Code of Ethics and highlight other recent updates and resources you should be aware of, categorised by regulated area. We also share a summary of disciplinary case hearings that took place in November and December.
Insolvency compliance update: estimating fees
- 11 Jan 2024
Fees are always a hot topic in the insolvency sector, and most insolvency practitioners (IPs) have questions about how to produce a fees estimate that is accurate, transparent and compliant. During a recent Restructuring and Insolvency Roadshow, Michelle Butler, partner at The Compliance Alliance, offered some useful reminders and tips.
VAT deregistration mailbox changes
- 10 Jan 2024
- PDF (62kb)
Access the latest Insolvency Guidance bulletin from HMRC. On 15 January, HMRC will discontinue its dedicated mailbox service for insolvency practitioners (IPs) to request VAT deregistration confirmation. Instead, IPs will receive a VRT23 letter within 40 days of submission of the VAT 7 form. Please call the VAT helpline if the letter isn’t received within 40 days from 15 January.
Probate update from our meeting with HMCTS
- 10 Jan 2024
We attended our regular probate service user group meeting with His Majesty's Courts and Tribunals Service (HMCTS) in December. We share updates from HMCTS on a range of topics including current service levels, responses to your feedback and IHT forms.
Disciplinary update: January 2024
- 10 Jan 2024
Take note of the latest disciplinary cases to ensure you or your firm are not making similar mistakes. This update is a summary of the hearing outcomes that were published in November and December 2023.
Recovery Magazine article: AML compliance not optional
- 09 Jan 2024
Angela Foyle, CCAB chair and member of the ICAEW Regulatory Board counters claims that the CCAB’s guidance on money laundering and terrorism finance contains questionable recommendations. The article was first published in the Winter 2023 issue of Recovery Magazine.
Amendments to the Money Laundering Regulations 10 January 2024
- 09 Jan 2024
The Money Laundering and Terrorist Financing (Amendment) Regulations 2023 have been made and will take effect from the 10th January 2024. These changes, empowered by the Sanctions and Anti-Money Laundering Act 2018, refine customer checks for politically exposed persons (PEPs).
Importance of audit file assembly
- 08 Jan 2024
Inevitably updates and enhancements to International Standards on Auditing (such as ISA 315) and the implementation of ISQM1 have commanded much attention by firms over the last 12-18 months. However, it is important not to overlook long-standing requirements. Audit file assembly within ISA 230 is one example. We have identified some weaknesses in recent quality assurance monitoring visits and it is worth all firms reviewing their procedures to ensure they remain fit for purpose.
Displaying 1-14 of 14 results
Useful links
Please make use of the following resources to ensure you are up-to-date with the latest regulatory information and news: