This is a welcome change, IMO. The SC has been having conversations about its involvement in CoC enforcement and will publish a public stance on this soon.
I’ve loved every minute of serving on the SC until these recent CoC events. I don’t know that I could take on the mental and emotional toll of this for another term, and I certainly know that putting the responsibility of CoC enforcement (or even just figuring out how CoC enforcement should be delegated) is distracting to what I see as the primary focus of the SC, as @malemburg pointed out.