Financial Services Industry Partnership

Review and assurance

The FSIP operations are from 1 January to 31 December each year.

A formal evaluation of the forum will be undertaken annually. Reviews will be conducted by the chair in consultation with members and key stakeholders. The partnership will be assessed against the ATO's best practice principles for consultation, and the review will examine the forum's outcomes and membership.

Feedback on the effectiveness and outcomes of the forum will be sought from all members of the partnership. The feedback will then be used to determine ways to improve the forum and specifically address any concerns or weaknesses identified by the members.

The regulatory/government participants such as ASIC, APRA and AUSTRAC will also be consulted on how the forum meets the needs of the financial services industry and on any improvements that are required for future meetings.

Assurance will be provided by the chair to the ATO Deputy Commissioner, Governance and Government Relations (GGR) by 31 January each year.