Guidance on Sanctions and fixed penalty process
The Guidance on Sanctions is used by the regulatory committees, the Conduct Committee, the Tribunals Committee and the Appeal Committee for all disciplinary allegations and regulatory penalty matters they consider against ICAEW members (current and former), students, affiliates and member / regulated / contracted firms. This page outlines the updates and access to the Guidance on Sanctions and information on the fixed penalty process.
Guidance on Sanctions
The current version of the Guidance on Sanctions is effective from 1 June 2023 and has been amended to align terminology with the new disciplinary framework, which is effective 1 June 2023.
- Access the current Guidance on Sanctions – effective 1 June 2023
- Access the Guidance on Sanctions – effective 1 July 2019 to 31 May 2023
- Access the Guidance on Sanctions – effective 1 April 2019 to 30 June 2019
- Access the Guidance on Sanctions – effective 1 July 2018 to 31 March 2019
- Access the Guidance on Sanctions – effective October 2016 to June 2018
Fixed penalty process for minor complaints
The fixed penalty process enables certain types of lower level, compliance-type complaints to be dealt with by way of fixed penalty. The process only applies to allegations which the ICAEW Regulatory Board determines suitable for the process and where the allegation(s) and proposed penalty are agreed by respondents / respondent firms. The new process avoids the need for less serious complaints to considered by the Conduct Committee and therefore matters are dealt with more efficiently.