April 6, 2015
9:04 a.m.
Dear All, Please see the attached initial discussion draft of the two models from our legal counsel. The draft is based on the requested input on: the internal accountability/hybrid model with two closely related variants: accountability mechanism with legal separation and accountability mechanism with functional separation. Be aware that it has not been discussed with the legal committee yet, this is planned later this week. Please read it with this in mind. Best regards, Jonathan & Lise