Please read this information carefully before starting the application and ensure all the relevant documents are in place. It is not possible to complete the application without them.
Please be aware, the new Money Laundering Regulations (the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017) came into effect on 26 June 2017. The Regulations make significant changes to the AML/CTF regime in the UK and the following document contains an outline of some of these:
New Money Laundering Regulations 2017
See an overview of application requirements
See a checklist of the documents you need for your application
All the requirements outlined below are mandatory to applying to become a member in practice. Each application screen must be completed in full prior to moving on to the next.
||Information required from applicant
Practising under another body
|Members can notify CIMA if they already hold a practising certificate with another body, and intend to practice under their regulations. Members practising under another body are not required to complete any further application screens.
|Supply contact and practice details (practice name and full address is required).
Work history screen
|1. Upload CV using CIMA’s prescribed format (more info below).
2. Outline skills gaps and how they are intended to be addressed. Also briefly outline the plans for the practice - e.g. what is the practice venture setting out to do? Assessors need to understand this so they can assess your application. Please include the business structure (sole practitioner, partnership or limited company).
3. Supply two valid referees.
Practice requirements screen
|Indicate the type of work the practice will undertake (functional specialisms), while providing supporting evidence of how you are qualified or experienced to provide services. A current copy of professional indemnity insurance for the practice must be uploaded. Confirm a continuity agreement is in place and submit continuity partner details.
Practice documentation screen
|Upload completed **anti-money laundering annual return. Confirm compliance with CIMA's mandatory requirements.
**CIMA reviews the annual return once you have submitted your application, so you may be contacted by CIMA with guidance or a request for further information on your AML/CTF annual review.
|1. Confirm compliance with CIMA’s regulations.
2. Agree to terms and conditions for use of CIMA’s member in practice logo.
|Pay current member in practice annual fee.
All applicants must confirm they are compliant with CIMA's code of ethics and that they understand its fundamental principles, safeguards and threats.
CIMA’s prescribed CV format / functional specialisms
All submitted CV's must meet CIMA's prescribed CV format (PDF 37KB). CVs that are not in this format will not be accepted. Also see CIMA's example CV (PDF 65KB).
CIMA's CV guidance contains information regarding functional specialisms.
There is a free text box to outline any skills gaps that the CV may show with regards to working in practice and what CPD is being undertaken to address this.
The plans for the practice (practice venture) should also be set out here.
Details of two referees must be provided:
- The first must be able to verify technical skills and must be a professionally qualified accountant.**
- The second is a personal referee.**
** your referees cannot be a person who you are related to, as this would be a conflict of interest.
The following information is required for both referees:
- Full name
- Telephone number
- Job title
- Current employer
- How many years they have known the applicant
How to apply
The Member in Practice application is available through MY CIMA. Before starting the application it is advisable to have completed all the preliminary preparation as outlined on this page.
Please note, a decision should be communicated to you within three weeks. However, should the assessor require further information to support your application, it may take longer.