CHANGES TO THE ACCA RULEBOOK – 1 JANUARY 2021
This paper provides an explanation of the changes to the ACCA Rulebook, which take effect
on 1 January 2021.
This document has no regulatory status. It is issued for guidance purposes only. Nothing
contained in this document should be taken as constituting the amendment or adaptation of
the ACCA Rulebook. In the event of any conflict between the content of this document and
the content of the ACCA Rulebook, the latter shall at all times take precedence.
The Rulebook is divided into three sections:
• Section 1 includes the Royal Charter, Bye-laws and Council Regulations.
Commentary on the changes to the Council Regulations is set out below.
• Section 2 includes the Regulations, covering membership of ACCA, practising and
licensing arrangements, and regulatory and disciplinary matters. Commentary on the
changes to the Regulations is set out below.
• Section 3 includes the Code of Ethics and Conduct. Commentary on the changes to
the Code is set out below.
Changes to the ACCA Rulebook arise largely from policy decisions, legislative changes and
the requirements of lead regulators or standards setting organisations.
Section 1 – Royal Charter, Bye-laws and Council Regulations
Council Regulations
Composition of Council
An amendment has been made to Regulation 3 of the Council Regulations to increase the
number of members on Council from 39 to 42. The changes to Council’s composition arise
from the modernisation of ACCA’s governance structure and form part of a series of
measures to support Council in being reflective of ACCA’s global membership.
