In our supervisory role, firms can now expect the Central Bank supervisors whom they deal with to challenge them when there is a lack of diversity at board and management levels. We want the firms we supervise to make good decisions, take considered risks and not suffer from groupthink. There is an important European dimension to this.
Some regions mandate that personal credit reports should be referred to when reviewing candidacy of deputies of the National People’s Congress and delegates of China People’s Political and Consultative Conference and admitting public servants.