On 16 April, CA ANZ provided feedback to Treasury on the draft legislative instruments relating to the transitional periods for existing directors, New CATSI Directors and New Corporation Act Directors as part of the MBR program.

In CA ANZ’s submission we note our support of the transitional period to enable an appropriate timeframe for testing and we recommend an ongoing review of the transitional arrangement rates, with key stakeholders, in line with future technical or testing milestones to ensure the dates remain appropriate.

CA ANZ also outlines the importance of providing targeted, practical information across as wide a variety of communication channels as possible in the lead up to and during the trinational phase of the director ID program.