Issue a BB order, consistent with the amended BCA, establishing a limit on a commercial bank's shareholdings in the stock market to 25 percent of its total regulatory capital.
At R2, rescheduled to end-June 2013. At R3, Not met by the deadline. The demutualization model and plan were approved in September 2013 following passage of the Demutualization Act in April 2013, which allowed a maximum of five months for the approval process.