ICAEW DPB referral compliance guide
How DPB-regulated accountants can stay compliant when referring clients to financial advisers. Covers consent, disclosure, and record-keeping.
ICAEW DPB Compliance for Accountant Referrals
Accountancy firms regulated by the ICAEW as a Designated Professional Body (DPB) must follow specific rules when referring clients to firms offering regulated financial services. DPB licence holders must not conduct regulated activities beyond what is permitted under their DPB exemption.
RQ helps ICAEW-regulated accountants maintain DPB compliance by documenting every referral with proper consent, disclosure, and audit trails.
Key DPB Requirements
- Referrals involving regulated activities must be documented
- Client consent must be captured before introductions
- Fee-sharing arrangements must be disclosed and recorded
- Firms must maintain audit trails for ICAEW inspection
RQ was built alongside ICAEW and is ISO 27001:2022 certified. Learn about RQ compliance features.