Before I conclude, let me say a few words about an aspect of the proposal that has attracted some attention, which is the reversal of a relatively recent practice of directing all examination 2/3  BIS central bankers' speeches  and inspection findings—what we call “matters requiring attention” (MRAs) and “matters requiring immediate attention” (MRIAs)—to the board as well as to management.5 The practice resulted in boards of directors reviewing and signing off on management’s compliance with every MRA and MRIA.
You are pioneers in an exciting journey directed towards improving the financial capability of the nation. Let me also thank Senator the Honourable Hazel Manning and the Ministry of Education for enthusiastically approving this initiative.