Professional Standards

What we do

The Professional Standards Department of Chartered Accountants Ireland, along with relevant compliance and disciplinary committees, is responsible for the delivery of the Institute's regulatory and disciplinary obligations which derive both from statute and its own Bye-Laws and Regulations. The Regulatory Policy Board develops Institute policy with regard to regulatory matters and approves Institute Regulations governing regulation & discipline. The Chartered Accountants Regulatory Board (CARB), oversees and supervises how the Institute fulfils its regulatory and disciplinary remit.

Latest news

Professional Standards

CCAB has published the draft Supplementary Anti-Money Laundering Guidance for Insolvency Practitioners (IPs).  This is draft guidance pending approval from HM Treasury. IPs should refer to the Main Body Guidance (the Guidance) for detailed information about AML legislation and associated offences, and comprehensive guidance on compliance with the various requirements imposed by the legislation. This draft Appendix is concerned principally with matters that are particular to those acting as IPs.   This draft AML Guidance for IPs covers the UK legislation but many aspects of this guidance will also be relevant to IPs in Ireland.

Oct 14, 2019
Professional Standards

Your Individual Annual Return 2019 is available for completion online.  Please ensure it is submitted by 31 October 2019. Click here for your Individual Annual Return.

Oct 04, 2019
Professional Standards

The UKFIU has published the second issue of its useful magazine SARs In Action Aug 2019. This issue provides useful information for anyone involved in the reporting of SARs. It looks at the ‘life of a SAR’, examining the whole process of what happens when a reporter has a suspicion of money laundering, the subsequent submission of that SAR to the UKFIU, the checks that the UKFIU teams then conduct, and the onward availability of that financial intelligence to law enforcement including case studies illustrating the value of SARs information.   For further useful information published by the National Crime Agency click here.

Aug 28, 2019