Transparency data

Insolvency practitioner sanctions: John Malcolm Titley 20 June 2023

On 20 June 2023 a Settlement Order was made against Mr John Malcolm Titley ACA of Sale, United Kingdom

From:
The Insolvency Service
Published
14 July 2023

Applies to England, Scotland and Wales

Documents

Settlement Order John Malcolm Titley

ODT, 14.3 KB

This file is in an OpenDocument format

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email publications@insolvency.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Summary of complaint:

This Order is in relation to a complaint that Mr Mr Titley failed to comply with the fundamental principles of objectivity and/or professional competence and due care, in that:

  1. Mr Titley, prior to accepting an appointment as one of the Joint Administrators of ‘C’ Limited on 19 July 2013 failed to identify and evaluate threats to his compliance with the fundamental principles arising out of his personal and / or professional relationship with Mr ‘B’ and the ‘A’ and / or failed to identify safeguards to reduce the threat to an acceptable level. Mr Titley is therefore liable to disciplinary action under Disciplinary Bye-law 4.1b

  2. Mr Titley, prior to accepting the appointment to act as one of the Joint Administrators of ‘C’ Limited on 19 July 2013, failed to create sufficient written contemporaneous records demonstrating the steps that he took, and the conclusions he reached, in identifying, evaluating and / or responding to any actual or potential threats to compliance with the fundamental principles which might arise during the course of his professional work. Mr Titley is therefore liable to disciplinary action under Disciplinary Bye-law 4.1b

  3. Mr Titley, prior to accepting an appointment as one of the Joint Administrators of ‘E’ Limited on 17 March 2017 failed to identify and evaluate threats to his compliance with the fundamental principles arising out of his personal and / or professional relationship with Mr ‘B’ and the ‘A’ and / or failed to identify adequate safeguards to reduce the threat to an acceptable level. Mr Titley is therefore liable to disciplinary action under Disciplinary Bye-law 4.1b

  4. Mr Titley, prior to accepting the appointment to act as one of the Joint Administrators of ‘E’ Limited on 17 March 2017 failed to create sufficient written contemporaneous records demonstrating the steps that he took, and the conclusions he reached, in identifying, evaluating threats to compliance with the fundamental principles which might arise during the course of his professional work and in explaining how the safeguards identified would reduce the threats to an acceptable level. Mr Titley is therefore liable to disciplinary action under Disciplinary Bye-law 4.1b.

Published 14 July 2023

Related content