In the wake of the TPB's current investigation of 350 tax practitioners for high-risk behaviour and the findings of the Hayne Royal Commission, all managers and their staff now need to be aware of their ethical and professional obligations and how best they can mitigate their personal liability risk.
Join our panel of experts including: Michael O’Neill, CEO of Tax Practitioners Board; Drew Fenton, CPA and Director of Fenton Green; Adam Kendrick, Assistant Commissioner - Agent Assurance, Individuals and Intermediaries of the ATO; and Nathan Lynch, Manager of Regulatory Intelligence Asia-Pacific at Thomson Reuters in this webinar with live Q&A.
We will explore:
- Regulatory changes in personal liability regimes
- What can the TPB can investigate
- Recent enforcement action against practitioners and penalties
- Practical steps you can take now
Michael O’Neill commenced in the role of Secretary/Chief Executive Officer of the Tax Practitioners Board in August 2018. A taxation lawyer with extensive public service experience, Michael joined the TPB from the ATO where he was Chief Risk Officer, following senior leadership positions in investigations, advice, litigation and law reform. He also has experience as a lawyer in private practice. Michael holds a Master of Laws from the University of Sydney.
Assistant Commissioner | Intermediary Engagement and Assurance
Adam has almost 30 years’ experience in tax administration across a range of areas and is dedicated in creating a better experience for clients and safeguarding the integrity of the tax system. Adam is currently responsible for the ATO’s Tax Agent Assurance Strategy which aims to increase transparency around the risks and behaviours seen, along with working with tax agents to address them.
Adam is well regarded for his expertise in risk management and measuring the effectiveness of compliance strategies, and applying these skills to promote a level playing field for tax agents and support willing participation in the tax system. Adam played a leading role in the ATO’s Tax Gap program for Individuals not in business and shared insights from this work with other tax jurisdictions in his role with the International Monetary Fund.
Drew has over 35 years’ experience in the insurance and finance industries, working principally with major insurance broking houses, across all classes of insurance. Over the past 25 years Drew has specialised in the areas of professional indemnity and financial services.
Drew’s firm, Fenton Green and co, is CPA Australia’s preferred broker for professional indemnity insurance and works with CPA Australia in the provision of risk management education for members.
Nathan Lynch (Moderator)
Manager, Regulatory Intelligence | Asia-Pacific
Nathan Lynch is the Manager for Thomson Reuters Regulatory Intelligence in Asia Pacific. Nathan has reported on regulatory affairs, anti-money laundering and compliance developments across the Asia Pacific region. Since graduating from Australia’s Curtin University with an honours degree in journalism in 1998, he has written for a number of leading publications, including the Sydney Morning Herald and The West Australian, and has appeared on Sky Business and on ABC as a specialist commentator on financial markets, anti-money laundering and regulation.
Compliance Learning Territory Lead
Rizwan is Pacific Region’s Territory Lead for Compliance Learning and Regulatory Intelligence at Thomson Reuters. As a certified GRC Professional and Project management Practitioner, Rizwan is a subject matter expert in Governance, Risk and Compliance (GRC) technologies and training solutions and assists organisations in bridging gaps in their compliance programmes.