ICAEW is a world-leading improvement regulator We act in the public interest by making sure ICAEW firms, members, students and affiliates maintain the standards expected by the profession, oversight regulators and government. ICAEW’s regulatory and disciplinary role is independent of membership activities so that we can monitor, support or take steps to ensure change if standards are not met. This role is managed by the Professional Standards Department and overseen by the independent ICAEW Regulatory Board.