Professional Standards committees

ICAEW Professional Standards committees.

Statutory regulation

The following committees are responsible for regulatory matters:

• The Audit Registration Committee
• The Investment Business Committee
• The Insolvency Licensing Committee

These committees oversee the application process for registration to practise in the regulated areas of audit, investment business and insolvency and then monitor compliance with regulatory requirements.

The Review Committee allows members or firms to ask for a review of a decision made by one of the three committees above.

Discipline

The following committees are responsible for disciplinary matters. Once a complaint has been received, they decide whether an offence has been committed and, if so, what penalties, if any, should be imposed.

• The Investigation Committee considers complaints and, if it decides there is a case, it can either offer a consent order to settle the matter or refer the matter to the Disciplinary Committee.
  
• The Disiplinary Committee hears cases referred to it by the Investigation Committee and has the power to exclude members from membership.

• Professional Conduct Committees structure (PDF 9KB/1 page)

Appeals

The Appeal Committee considers claims that a decision of either the Review Committee or the Disciplinary Committee is defective (for example because it wrongly interpreted a regulation or overlooked relevant evidence).

In order to achieve a clear separation of responsibility for policy making and enforcement, members of the Institute's council are not appointed to serve on any of these committees.

• Find out more about the Professional Standards committees (PDF 36KB/3 pages) 

Would you like to serve on one of these committees?

The Institute would be delighted to hear from you if you are interested in serving on these or any other committees. Even if there are no current vacancies, please contact us so that we can let you know as soon as suitable vacancies arise.

When you apply, please give sufficient details of your experience and expertise so that the appointment panel(s) can determine your suitability for the position. Our CV template (Word 67KB/1 page) is provided as a guide.

• View details of current vacancies on Institute committees