This is a major step forward in our approach, which we will apply in other reviews in different sectors. It puts the Central Bank at the forefront, internationally, of the regulatory work on diversity. We are reviewing our governance codes and requirements to be more explicit in terms of 5/7  BIS central bankers' speeches  expectations regarding diversity policies.
We will also be considering whether our own actions are inhibiting change. For example, in our consideration of fitness and probity applications, are we considering exclusively on an individual basis or a more rounded consideration of the construct and diversity of the board, executive and so on?