Ex-PwC Partner at Heart of Australia Scandal Gets Eight-Year Ban

Oct. 20, 2023, 5:04 AM UTC

Former PwC Australia partner Peter Collins was banned by Australia’s markets regulator from providing financial services for eight years.

Collins is “not a fit and proper person to provide financial services” and it is in the public interest for him to be barred from working in the sector, the Australian Securities and Investments Commission said in a statement Friday.

PwC is fighting to restore confidence in its Australian business following the tax-leak scandal. Former senior partner Collins obtained confidential tax policy information while advising the government, details the firm then used to advise global clients.

“ASIC found that Mr Collins ...

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