The Accountancy Investigation and Disciplinary Board has changed its name to the Accountancy and Actuarial Disciplinary Board (AADB) to reflect the fact that it will now include actuaries within its remit.

The change will enable the AADB to operate an independent disciplinary scheme for actuaries in the UK, once the formalities have been completed. The Actuarial Scheme, as it is known, will apply to cases which raise important issues affecting the public interest. The AADB will clearly continue to investigate similar cases relating to the accountancy profession.