Vanda Gould sees AFS license cancelled

tax/regulation/ASIC/

12 October 2021
| By Laura Dew |
image
image
expand image

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of former tax agent Vanda Gould.

The regulator said this was because Gould failed to maintain external dispute resolution membership with the Australian Financial Complaints Authority (AFCA).

Gould also failed to lodge profit and loss statements and balance sheets for the 2019 and 2020 financial years.

ASIC said Gould had held a AFSL since December 2003 but ASIC could suspend or cancel this if the licensee failed to meet their obligations.

The former Sydney tax agent had previously been convicted of attempting to pervert the course of justice via witness tampering and ran a global web of companies which dodged Australian tax, and was named as part of the Pandora Papers.

The Administrative Appeals Tribunal (AAT) had previously rejected an application by Gould to stay registered to the Tax Practitioners Board (TPB) in May 2019.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 6 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago

TOP PERFORMING FUNDS