Regan-Brown Bookkeeping Services

Practice Regulations

ICB Members and Members in Practice are subject to certain legislation due to the nature of their work, and in addition are subject to the regulations of their Institute.

Continuing Professional Development

Bookkeeping is a regulated profession and ICB members are committed to the continuing development of their professional skills, ensuring they maintain their status as the UK's leading bookkeepers.

Professional Indemnity Insurance

Any business or individual operating in a professional capacity can be held liable if an error or omission in their advice or services causes a financial loss to a third party. Bookkeepers are no different.

General Data Protection Regulations - GDPR

The General Data Protection Regulations (the GDPR) are effective from 25 May 2018. These Regulations contain new requirements concerning how businesses collect, process, store and erase all personal data (information that can be used to identify a living person)

The Regulations have replaced the Data Protection Act 1998 and rely upon the six principles of good practice. These provide that personal data must:

1. be processed fairly, lawfully and transparently.

2. only be used for the purpose for which it was collected.

3. be adequate, relevant and not excessive for the purpose for which it is being processed.

4. be accurate and kept up to date.

5. not be kept longer than necessary to fulfil the purpose of its collection.

6. be kept secure and protected from unauthorised processing, loss, damage or destruction [which includes the data not being transferred to a country or territory outside the European Economic Area unless the personal data is adequately protected and/or consent of the Data Subject has been provided.

Regan-Brown Bookkeeping Services is registered with the ICO for compliance.

AML Guidance

Bookkeepers are required by law to be monitored by an HM Treasury appointed supervisory authority such as ICB and to put in place anti-money laundering controls and to implement policies and procedures.

Copies of the above will be provided on request.

For more information on the ICB click here

Licenced and regulated by the Institute of Certified Bookkeepers

Practice Licence Number: 22401

Proprietor: Melanie Regan-Brown MICB PM.dip