Cost of Compliance Project status update

Since the last update, the majority of data collection templates have been submitted, and a second industry workshop is being held on Monday 2 May 2022, which will discuss the preliminary findings, and work through and resolve any potential variations in the data that has been submitted to ensure consistency in interpretation and results.

Given the complexity of the data requirements, the project is about four weeks behind its original schedule, but will be completed this financial year.

The consultants will be presenting the preliminary findings of the project at the next Managing Directors forum, which is scheduled to be held on 2 June 2022.