The most common and most likely answer to this crossword clue is the 5 letter word OBEYS
I've seen this crossword clue in The Daily Telegraph
O
B
E
Y
S
More clues leading to the result OBEYS
Buddy explains!

The straight part
We know that "accepts" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case accepts = obeys.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does OBEYS mean?
OBEYS verb- To do as ordered by (a person, institution etc), to act according to the bidding of.
- To do as one is told.
- To be obedient, compliant (to a given law, restriction etc.).