For those most affected by the changes, we would anticipate a period of up to 12 months for practices to be brought into alignment with the updated principles. We would expect that the disclosure cover sheets would be posted alongside the Statement of Commitments on a similar timeframe, if not sooner.
We need a model that reinforces and supports our purpose, our why, and addresses our how and our what; a model that is customer centric, and technology driven, but which also accommodates the not-so tech savvy among us; a model that promotes economic and social transformation, while strengthening financial stability; a model that helps us to manage our risks, traditional and the non-traditional.