Reminder 1: still no real news; there is, still, only speculation.
Reminder 2: within the range of reasonable probabilities, that is what is more than merely possible even if unlikely, it is feasible that the coming-into-force date for the remaining key provisions in the SCCA, could be delayed for a very significant period of time. As I have discussed before, in addition to constitutional challenges posed by Galati, which are now before the Federal Court of Appeals, there are at least potential constitutional questions regarding the procedural changes included in the SCCA. I doubt there will be a significant delay, let alone one into 2016, but it is more than a mere possibility . . . and some tangled legal wrangling in the background, particularly relative to the procedural aspects, could be a cause for some delay.
Reminder 3: most likely scenario continues to be that the new requirements will take effect between the end of this month and the beginning of August, but beyond that there are additional, real possibilities, and within that we still really have no new information, no reason to elevate any of our guesses to a status deserving influence in any real decision-making.
Reminder 4: In the meantime, while to some extent watching the back-and-forth speculations and rumours and hopeful wishes and dire fears is entertaining, on a par with typical internet posting soap opera soap boxes, the big reminder is that there are indeed many, many PRs for whom this is a real issue, a real question. While life itself is not at stake, for many there are genuinely serious concerns and potential consequences hanging in the balance. It is worth keeping this in mind amidst the constant flurry of suppositions.
