Cricket Australia has announced it will launch a wide-reaching review into "cultural, organisational and governance issues" following last month's ball-tampering scandal.
His decision, just hours before a deadline, followed a contrite Steve Smith and Cameron Bancroft also accepting their sanctions on Wednesday.Warner and Smith were last week suspended from global and domestic cricket for a year, while opening batsman Bancroft was exiled for nine months over the incident during the third Test in South Africa that shocked the sport.
Critics have questioned whether CA's role in the affair should come under scrutiny, but chairman David Peever said he does not intend to step down and that chief executive James Sutherland's job is not in jeopardy.
Leading that player-driven process will be former Test opener Rick McCosker, who will help to assess whether any "changes to codes and standards governing player conduct are required".
"The outcomes from this process will form reference points for the independent review".
Mr Peever said further details of the review would be announced in due course. "But this is not the time for a witch-hunt".
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Cricket Australia will launch an independent review into the Australian cricket team's culture in the wake of the dramatic events which rocked the nation in South Africa.
"I know people in these circumstances call for everybody to be sacked".
"What we must do now is work on the issues that we have and we take responsibility for fixing them and making them better".
The trio had until late Thursday to tell Cricket Australia whether they accepted their punishment or would opt for a hearing, as is their right."I have today let Cricket Australia know that I fully accept the sanctions imposed on me", Warner said on Twitter.
Former Australia global cricketer Rick McCosker will chair the panel which will also include both ex and current players.
"Rick will advise on the most appropriate procedures to guide his work, however it is now envisaged that he will invite two former players and two current players to join him on a panel".