What is a practising certificate?
If you are engaged in public practice in the UK, you need to hold an ICAEW practising certificate (PC) and comply with our Professional Indemnity Insurance and Practice Assurance Regulations.
Changes to the Statement on engaging in public practice
In 2024, changes to the ICAEW statement on engaging in public practice are coming into effect. The statement provides guidance on who needs a PC. Members who don't currently require a PC may now find they need one. You can read the new statement, find out what's changed and whether these changes affect you in this hub.
Proposed changes to ICAEW's Professional Indemnity Insurance arrangements
The ICAEW Regulatory Board is currently consulting on proposed changes to ICAEW's PII arrangements. This consultation is likely to be of interest to ICAEW members, ICAEW member firms/regulated firms and their clients, non-members who are registered with ICAEW for a regulated activity, ICAEW's participating insurers, insurance brokers as well as consumers and consumer groups and other professional services regulators. We also welcome responses from ICAS or CAI firms, as the insurance arrangements are shared between the three Institutes and any changes may also impact these firms.
The consultation will run from 18 October to 14 December. You can learn more here.