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Completed governance approvals for the introduction of the new continuing professional development (CPD) framework – effective 1 November 2023.
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Completed governance approvals for the introduction of a new disciplinary framework – effective 1 June 2023.
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Fulfilled all ICAEW's statutory responsibilities and commitments to oversight regulators including the completion of 2,520 quality assurance reviews (between 1 January to 31 December 2022) with ICAEW-supervised firms and insolvency practitioners.
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Received positive inspection reports from all ICAEW's current oversight regulators.
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Published 130+ articles and pieces of guidance (50+ in 2021) to support ICAEW-supervised firms and insolvency practitioners. Topics included preparing for ISQM 1, audit guidance in response to the Ukraine crisis, Russian Export Sanctions Prohibitions (US and EU), bounce back loans and client checks.
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Introduced a mental wellbeing programme for staff dealing with difficult issues and distressed respondents.
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Launched ICAEW's third educational and award-winning drama film, All Too Familiar. A free resource for all ICAEW- and HMRC-supervised firms, it aims to challenge mindsets and provoke discussion on the need for greater professional scepticism when faced with potential money laundering risks.
ICAEW’s regulatory and conduct strategy
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