Self Regulatory Framework
Even though the industry is not regulated, for 20 years ASATA has been seen as a respected partner and benchmark of professionalism by government when choosing a TMC. For 60 years ASATA has taken on the role of industry “regulator”, carefully balancing the needs of its members and the consumer.
ASATA believes it is time to expedite the component of the self-regulation pillar in its strategy, and is executing a feasibility study to understand what regulation actually means for the industry and the benefits and risks attached to it. This will further justify industry practice and member credibility in the eye of the consumer – be that Government or Private sector.