The ICAEW acts as a public regulator. How good are its investigations and related procedures. On this page we show that they are poor. This is demonstrated by the evidence contained in an unpublished ICAEW Report relating to the possible involvemnt of accountants in money laundering.
In making this report publicly available, we offer no
observations on who might or might not be involved in laundering money.
We simply wish to draw attention to the incompetence of the ICAEW. We can
all speculate on how many cases of negligence and incompetence remain covered
because the ICAEW does not publish reports prepared by its Investigation
Committee.