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In January 2022, the President assented to the Financial Sector Laws Amendment Act, 2021 (the "FSLAA"), which adds a new Chapter 12A (Resolution of Designated Institutions) (the "Bank. ....
If the pandemic has shown anything, it is that colleges and universities can make significant change like scaling online learning or implementing test-blind admissions policies much faster than they thought. Fortunately, there’s a process that can make rapid change far more manageable than the haphazard experience many institutions had in spring 2020. Short-term improvement cycles, pioneered for public purposes and developed over time by the Carnegie Foundation and the Institute for Health Care Improvement, are commonly used in a variety of settings inside and outside education. In recent years, our team at Sova has been working with institutions to use simplified 90-day and 120-day improvement cycles to make progress on vexing problems that negatively impact transfer students. ....