ICAEW is a world-leading improvement regulator We protect the public interest by making sure ICAEW firms, members, students and affiliates maintain the highest standards of professional competency and conduct. 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.