Why you need to maintain your firm’s record
Your firm’s record on our database is used to populate other records that the public and various regulators may view.
If your firm’s record is inaccurate or out of date, it may make it difficult for potential clients to contact you via the website or constitute a misleading description of your firm and lead to more serious issues such as regulatory or disciplinary action.
We record the following information about your firm which must be kept accurate and up to date:
- current name of firm
- any trading names used by the firm
- addresses of all offices in the firm
- names of all principals in the firm (i.e., partners, directors or members)
- status held by individuals in the firm, i.e. Money Laundering Reporting Officer (MLRO)
- the registrations held by the firm, i.e. other practising certificates held
- any entities connected to the firm
- details of your continuity agreement partner
- details of your firm’s professional indemnity insurance (PII)
You must notify us of any changes to the structure of your firm within 30 days.
You should not wait until your Practising Certificate renewal is due as you will be in breach of AIA’s Public Practice Regulations.
