When submitting your application for a practising certificate to set up a new practice (a ‘firm’) you should also complete an AML application form (this includes a detailed definition of a Beneficial Owners, Officers and Managers (BOOMs)), a whole firm risk assessment and submit disclosure certificates for all BOOMs in your practice. 

Further information on who the BOOMs are in your firm can be found here

Please contact regulatoryauthorisations@icas.com for an AML application form and risk assessment template. 

Your application will be sent to our Regulation team for approval and we will notify you of the outcome by email within 4-6 weeks.