Ann: Intiger Enters Next Phase of Service Delivery, page-168

Seems to me Mr Market knows the RC delivered a report that will not effect the banks much at all. It may change the appetite for some products in the near term, but really it's BAU. Market Cheers wildly. Stocks up
May well have been different if the report delivered on misconduct referrals, but in keeping with the soft approach, the industry just rides the speed hump which is now passed over. Market continues to Cheer. Stocks cl9se with highest 1 day jump since GFC.

What that means for IAM l don't know, but it certainly doesn't shine the light any brighter on its need.
The real query for holders is; does the limited changes warrant a need for compliance changes to the industry and Iam's offshore offering? Remembering that the critical point was fee for No Service, it's now service for a fee?
The SP indicates the market doesn't see a connection.