Key reminders and updates
Open up a world of leading accountancy and tax resources. Curated by experts. Register with your ICAEW firm C0 number.
One of the most common findings during our initial CPD monitoring activity was insufficient ethics CPD. Access a range of free ICAEW resources to help you and your staff ensure you are compliant with this important element of ICAEW’s CPD rules.
Read our response to HM Treasury’s consultation on Anti Money Laundering/Counter-Terrorist Financing Supervision Reform on Duties, Powers and Accountability.
Changes effective since 1 January 2026
A new version of Professional Conduct in Relation to Taxation (PCRT) came into effect on 1 January 2026. If you advise on UK tax matters, compliance with PCRT is mandatory. Ensure you are familiar with the updated requirements and that your advice and actions align with the standards set out in PCRT.
Our new Guidance on Disciplinary Sanctions came into effect on 1 January 2026. We look at the key changes and how these contribute to the clarity and transparency of disciplinary decision-making.
Audit
Use our tool to check your firm’s ongoing eligibility, particularly following changes to firm control requirements.
Anti-Money Laundering (AML)
From 18 November 2025, identity verification became a legal requirement for anyone setting up, running, owning or controlling a UK company under the Economic Crime and Corporate Transparency Act. The planned Spring 2026 deadline for presenter measures has now been postponed until no earlier than November 2026, to allow more time to complete the director and PSC transition period and respond to stakeholder feedback.
A unique set of resources for all in an AML compliance role, read the section that corresponds with your role for full guidance on your responsibilities, and a reminder of essential resources.
Episode 27 of the UKFIU's podcast is now available. This episode focuses on payment diversion fraud in the legal sector, with a specific focus on legal professionals involved in conveyancing.
Regulated firms are invited to complete this survey which will help shape the update to the Proliferation Financing National Risk Assessment. Respond by 31 March.
Find out about our AML supervisory role and activity in 2025.
Probate
On our web page “Legal Ombudsman guidance on handling complaints”, we signpost resources from LeO to help legal services firms with their practice. Read the latest LeO Spotlight article “Probate – How to be reasonable” for guidance on clear, timely communication with executors and beneficiaries to prevent complaints.
Insolvency
HMRC has launched a new insolvency practitioner handbook, providing a more streamlined way for practitioners to access the guidance and information they need to carry out their role. The handbook brings key insolvency guidance together in one place, making it easier to find, navigate and apply in practice.