Haines Watts and The Haines Watts Group generally refer to the network of member organisations, each of which is a separate and independent legal entity. Each entity has signed a participation agreement with Haines Watts Limited, or is controlled by such a firm. Member organisations are not members of one legal entity and are only liable for their own acts and omissions, and not those of each other.
Professional indemnity insurance
The territorial coverage of our professional indemnity insurance is worldwide. Our lead insurer is Markel International Insurance Company Limited, Markel Building, 49 Leadenhall Street, London, EC4A 2EA
The majority of the firms within the Haines Watts Group are registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales, a Recognised Supervisory Body under the Companies Act 2006. Those firms are required to comply with the ICAEW’s Audit Regulations and Guidance which can be found at www.icaew.com, and the Financial Reporting Council’s International Standards on Auditing (UK) and its Ethical Standard, both of which can be found at www.frc.org.uk.
The majority of the firms within the Haines Watts Group are not authorised under the Financial Services and Markets Act 2000, but because they are licensed by the Institute of Chartered Accountants in England and Wales, are able to offer a limited range of investment services to clients if they are incidental and / or complementary to, or arise out of, the other professional services they have been engaged to provide.
It is Haines Watts Group policy to refer most investment business, excluding corporate finance work, to Financial Advisers, authorised and regulated by the Financial Conduct Authority. The Financial Adviser will take full responsibility for compliance with the requirements of the Financial Services and Markets Act 2000
For investor protection, the Institute of Chartered Accountants in England and Wales administers, and the firm contributes to, a compensation scheme for clients who might need to seek redress.