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Financial Sector

Charter Council

Amended FSC Series FS800

Socio-economic development and consumer education contributions for QSFIs

The following table represents the criteria and method used for deriving a score for SED

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1.3.1 Criteria Weighting Points Compliance Target
1.3.1.1 Annual value of all SED by the measured entity as a percentage of NPAT 3 0.60%
1.3.1.2 Annual value of all qualifying CE contributions made by the measured entity as a percentage of NPAT 2 0.40%
Total 5
1.3.2 Bonus Points
1.3.2.1 Additional SED contributions made by the measured entity as a percentage of NPAT 1 0.20%
1.3.2.2 Additional CE contributions made by the measured entity as a percentage of NPAT 1 0.10%
1.3.2.3 Contributions to the Fundisa Retail Fund or to other similar initiatives made by the measured entity as a percentage of NPAT 2 0.20%
For further information you can download the full document.