Member’s name: Peter Gribble
Date of Hearing: 15 June 2023
Division: New South Wales
Tribunal: Disciplinary Tribunal
On 15 June 2023, the Disciplinary Tribunal found Mr Gribble breached CPA Australia’s 11 May 2022 Constitution:
- Article 36(a), in that he participated in or had been involved with an Adverse Event as defined in Article 76(h) of the Constitution, in that he became “the subject of a final adverse finding in relation to the Member's conduct, competence or recognition by any Court, professional body, statutory or other regulatory authority in any jurisdiction” in respect of a banning order made under section 920A (1)(j) Corporations Act by the Australian Securities and Investments Commission dated 6 October 2022, which banned him from controlling an entity that carries on a financial services business and performing any function as an officer of an entity carrying on a financial services business for three years.
Mr Gribble attended the Disciplinary Tribunal Hearing and admitted the Complaint.
The Disciplinary Tribunal found the Complaint sustained and imposed the following penalties:
- A severe reprimand.
- A Fine of $5,000.
- Mr Gribble must successfully complete the Ethics and Governance Segment of the CPA Program at his own expense within 12 months of the determination letter or a date to be determined by the General Manager Professional Conduct.
The Member was ordered to pay a contribution to CPA Australia’s costs of $2,458.00.