When you choose to do your Annual Update is up to you. If it is better for you to do so aligned with your reporting cycle, you would:
- Submit your (first) Action Plan Repot in March 2024,
- Submit your first Annual Update in November 2024 (saying what you’ve achieved since March)
- And then each year update what you’ve achieved, in November.
If your first Action Plan is Adapt (ie preparation), your Embed or Tailor Action Plan (ie implementation) would probably be launched in November, as part of your Annual Update. However, if it works better for the telco, there’s nothing to stop you launching your Implementation Action Plan (Embed or Tailor) at a different time during the year, whenever you want to, and then doing an Annual Update in November.
The key is that stakeholders will expect an Annual Update, each year, by the anniversary of your first Annual Update (whenever you choose that to be). Whatever date the telco picks as an Annual Update is the date each year the telco needs to do further Annual Updates.