Before carrying on certain types of business, members and firms must ensure they have been authorised by Chartered Accountants Ireland (or another competent authority) to do so.
The areas which require specific permission or authorisation are:
- Audit
- Sustainability Assurance Service Provider
- Investment Business ROI & UK
- Insolvency
- Public Practice
Members who provide book-keeping services or trust or company services in the Republic of Ireland may be required to register with Chartered Accountants Ireland or another competent authority for anti-money laundering supervision purposes.
Guidance to assist member and firms both in ROI and UK, to comply with anti-money laundering rules, is also included in this section.
The Department for Business and Trade’s digital service, the Regulated Professions Register (RPR), provides information about 200 regulated professions in the UK in one place on GOV.UK, and is particularly relevant to professionals from overseas seeking to access the UK labour market. The service signposts individuals to their chosen profession and offers them information about how the profession is regulated and by whom.
The Institute provides regulatory services to Institute members and firms and not to a broader population. Therefore the Institute considers applications for authorisations from Institute members and firms and, where appropriate, from non-member principals and employees at Institute firms.