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Electronic Delivery of Proxy Materials Q&A Wells Fargo  Form

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the austrian regulator the austrian central bank called the striker national they are introducing a complete new reporting regime initially specifically initially specifically around the statistical reporting side of things what they do want to achieve with that is really an increased data quality uh that they would receive from the banks however what they the way they would like to make this happen is really uh very cost effective on both sides for the central bank as well as for the for the financial institutions the regulator is really asking for a complete different type of delivery they call it smart cubes the way this is delivered means that you're moving away from a very form based approach which really have predominantly across the whole world to a pure data structure based delivery so you're not delivering sales rows columns anymore but really type of database to the regulator so it allows them to get a much better grasp on what is actually happening they can d

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