In particular, I want to make reference to the update on our banking supervision strategy, published at the end of June, which set out some new thinking in a few areas in particular, such as provisioning policy and credit standards.
To best explain our work in this short presentation, I will set it out under five main themes:   the capital story, or, what is being done to strengthen the banks;    the deleveraging story, or, how the banks are being restructured;    our new rules for corporate governance and fitness and probity aimed at refreshing boards and senior management;    some recent thoughts on new standards to improve the management of credit risk; and, finally,    the work underway to improve supervisory practices at the Central Bank through the implementation of a new risk-based assessment framework.