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Implementing TOFA for banks paper


This paper covers:

  • managing the implementation within the Bank
    • stakeholder impacts
    • systems impacts
    • financial impacts
  • transitional considerations for banks
    • key features of the transitional rules
    • issues and uncertainties within the rules
    • specific challenges for banks.

Author profiles

Elizabeth Tromans CTA
Liz is a trusted governance professional with local and international blue chip company experience supported by credible professional qualifications (tax, applied finance, commercial law & governance) and deep subject matter expertise. A reliable business advocate, a trusted adviser and a leader who is able to solve complex business issues successfully. A team player, who is enthusiastic, helpful and influential. Develops people, through role modelling, mentoring and coaching. Liz is currently the Senior Group Governance Officer at Australia Post, having previously practiced in commercial law and tax, held the position as Head of Tax (Australia) for NAB, and senior roles in PriceWaterhouseCoopers and the ATO. - Current at 09 December 2017
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Jeff is a Senior Manager in Group Taxation at National Australia Bank and assists with the overall management of the Group’s tax strategies and policies. He has worked closely with the Group’s Capital Management team on a range of capital management initiatives, including various hybrid funding structures. He has also been actively involved in the consultation process for a range of tax reform initiatives impacting the banking and finance industry.
Current at 18 December 2007
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This was presented at 2008 Financial Services Conference .

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