What's keeping us busy…
The review process for the policy directives (stemming from the NCA and other related amendments) kicked off at the end of last year and is currently being concluded. While this took a little longer than expected, the discussion was thorough and robust, and allowed us to work through every directive, ensuring its relevance and compliance to the amended legislation. In the end, members will be please to hear no new directives were implemented. Instead, the existing directives were refreshed and consolidated as required.
A similar approach was taken to the CBA Constitution which also needed to be reviewed in light of the prevailing legislation.
The next "table leg" here is the Code of Conduct which will be revised in line with the applicable sections of the PoPIA code. Although we are still awaiting definite news on the appointment of the regulator, we are forging ahead and will continue to work to ensure that we are ready to submit our code as soon as the appointment is confirmed.
The updated Constitution will be tabled at the CBA AGM – a date for which will be advised shortly.
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