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As an improvement regulator, the Professional Standards Department (PSD) will initiate and respond to consultations on issues that relate to our regulatory responsibilities. This includes specific regulatory issues or matter that relate solely to regulation. We invite the views of the ICAEW members and the individuals and firms regulated/supervised by ICAEW, consumers of accountancy services and other stakeholders.

The list of open and closed consultations below are either prepared by the PSD or where PSD has made a significant contribution to the overall ICAEW response to a consultation.

ICAEW contribute responses to many consultations issued by government, oversight bodies and other bodies. These carry the views of ICAEW as a whole and can be found here

Details of consultations on revisions to Statements of Insolvency Practice and insolvency Code of Ethics are published here.

Open consultations

Consultation: changes to ICAEW's Minimum Approved Policy
The proposed changes address a regulatory requirement for insurers to clarify the extent of cover for cyber-related claims in policies of insurance. The changes are due to take effect on 1 September 2021.

This consultation is open from 12 April until 21 May 2021.

Closed consultations

The following is a list of links to our past consultations which are now closed. Where indicated, you can also read our summary of the responses we received and any subsequent decisions.

There are no closed consultations at present.

Useful links

Please make use of the following resources to ensure you are up-to-date with the latest regulatory information and news: