1. Integrity Reliability Risk Management Profitable Proudly South African Operational Excellence Learning Organisation Teamwork Global Best Practices Customer Centric Accountability Dynamic Innovation Passion Regulatory and Supervisory Obligations AMEDA Legal Working Committee - Update 27 October 2011 Anne Njoroge Senior Legal Counsel, Strate Ltd

2. 2 Benefits of Strate Promote harmonisation and transparency in AMEDA region Legal risk Identify legal issues of interest, common grounds for legal development for the overall development of AMEDA members Share information on CSD legal and regulatory framework, including international and regional developments Committee Focus

3. 3 Benefits of Strate Identify and work on key issues in line with AMEDA’s strategic goals Core membership – 6, representing each AMEDA region Meetings – Annual, host CSD, rotational Annual report back to AMEDA Board Terms of Reference: Summary

4. 4 Benefits of Strate Approval of Terms of Reference by AMEDA Board Approval of topic: Strate Proposal – How to harmonise the legal principles for establishing operational links across CSDs in the AMEDA region Notification to AMEDA Secretariat of legal representatives and arrangements for the first 2-day workshop 2012 Next Steps

5. Questions? Anne Njoroge Senior Legal Counsel annen@strate.co.za