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The Guardian - AU
The Guardian - AU
National
Henry Belot

Big four consultancy firm partners could be banned from being on board of regulator after PwC scandal

PwC
The Tax Practitioners Board was instrumental in uncovering the scale of a scandal involving the misuse of confidential Treasury information by a partner at PwC Australia, Photograph: Bloomberg/Getty Images

Partners at big four consultancy firms could soon be banned from being board members of a regulator that investigates the conduct of their colleagues due to conflict of interest concerns.

The Tax Practitioners Board (TPB), which proved instrumental in uncovering the scale of a scandal involving the misuse of confidential Treasury information by a partner at PwC Australia, has the power to deregister accountants after serious misconduct.

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