Louise Ann Thomson

Member’s name: Louise Ann Thomson
Date of Hearing: 15 November 2021
Division: New South Wales
Tribunal: Disciplinary Tribunal

On 15 November 2021 the Disciplinary Tribunal found that Ms Louise Thomson breached CPA Australia’s 14 May 2019 Constitution:

1. Article 39(a)(ii)(F) in that she has “been the subject of an adverse finding that has not been overturned on appeal in relation to the Member’s conduct, competence or recognition by any Court, professional body, statutory or other regulatory authority in any jurisdiction” by virtue of a decision by Australian Financial Security Authority dated 30 July 2020 to cancel her registration as a bankruptcy trustee.
2. Article 39(a)(ii)A by failing to “provide a satisfactory explanation with respect to the matters referred to in the Complaint” to CPA Australia.

Ms Thomson did not attend the Disciplinary Tribunal Hearing and a denial of the complaints was entered on her behalf.

Penalty and Costs:

The Disciplinary Tribunal found the Complaints sustained and imposed the following penalties:

Complaint 1

• forfeiture of membership, not eligible for readmission for a period of 5 years.

Complaint 2

• a severe reprimand
• a fine of $2,000.

Prior to any application for readmission, Ms Thomson must first pay the fine, costs and complete the CPA Program in its entirety.

The Member was ordered to contribute to CPA Australia’s costs an amount of $2,972.