DPB Update Issue 15 – June 2023

In this infographic, see the top 5 regulatory breaches by firms in 2022 and what guidance is available to help ensure you are operating within the scope and eligibility criteria of your licence.

• See what happened in 2022

The handbook has been updated to align terminology with ICAEW’s new Disciplinary Bye-laws and regulations, effective 1 June 2023.

• Access the handbook

The regulatory requirements around making financial promotions are complex. We look at the core principles and offer some tips to help you avoid falling foul of the rules when you’re communicating with clients about investment opportunities.

• Read the latest article about financial promotions

Webinar recordings are available on ICAEW’s DPB (Investment Business) resources webpage to support our firms.

• Access our webinars

Revised CPD Regulations will place specific requirements on firms from 1 November 2023. Guidance and details on what steps to take are available on our dedicated web page for firms.

• Read what's changing for firms in CPD

On 1 June 2023, revisions to ICAEW's disciplinary framework came into effect. We break down what’s changed including updates to the disciplinary and appeals processes.

• Find out more and access the new bye-laws and regulations

ICAEW's regulatory and conduct responsibilities are delivered by the Professional Standards Department (PSD). Our role is to strengthen trust and protect the public by following the 3Es: Enable, Evaluate and Enforce. Read more about our strategy, activities, and the oversight of ICAEW's regulatory and conduct role in the Regulatory and Conduct Report 2022–2023.

• Read the R&C Annual Report 2022—2023

ICAEW is conducting a review of its professional indemnity insurance requirements. The aim is to ensure that the arrangements remain fit for purpose and provide adequate protection to the public while being mindful of the cost to the profession. The review ends 30 June.

• Have your say in ICAEW's Professional Indemnity Insurance Regulations

Find out what our firms thought of the monitoring review process in the first quarter of 2023.

• Access the infographic to see how we did 

Kim Nyawira, Head of Committees and Tribunals at ICAEW, tells us about some recent initiatives to broaden opportunity and bring greater diversity of thought and experience to the regulatory and disciplinary committees.

• Read how diversity can build better regulatory and disciplinary committees

• Reissued Traffic Light Guide to investment business activity
• DPB Compliance Review Checklist
• DPB webpage and resources
• Designated Professional Body (Investment Business) licence requirements
• Check your eligibility status
• Who oversees the regulatory role of ICAEW?