Post-Cabinet Press Conference: Monday, 7 March 2022

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Kia ora koutou katoa, and good afternoon. Today, I’m joined by Foreign Affairs Minister Nanaia Mahuta to outline our next steps in response to Russia’s invasion of Ukraine. It was 11 days ago that Russia invaded Ukraine in an unjustified and flagrant breach of international law. New Zealand, in line with countries around the world, condemned to the highest degree that illegal act, and we applied our full set of available sanctions to convey our condemnation. These included targeted travel bans, the list for which has been published today; prohibition of the export of all goods to Russian military and security forces; and the suspension of bilateral foreign ministry consultations until further notice. We also made one of the world’s first humanitarian contributions and have prioritised 170 Ukrainian visa applications that were under way, along with the release of some of our emergency oil stocks to help stabilise the shaken oil markets.

But we’ve said throughout our response that no options were off the table and that we’d continue to do more, in line with New Zealand’s unequivocal opposition to Russia’s actions. Despite international condemnation and the resilience and resistance of the Ukrainian people, Russia’s assault continues—and so must our pressure. Tomorrow, the Government will introduce—this week, the Government will introduce—the Russia Sanctions Bill, a bespoke piece of legislation in direct response to Russia’s invasion of Ukraine. A bill of this nature has never been bought before our Parliament, but it is essential given Russia’s vetoing of sanctions through the UN. The bill will allow for new sanctions to be applied. Those sanctions can be imposed on people, companies, services, and assets related to those in Russia who were responsible for, or associated with, the invasion. It will target those of economic or strategic relevance to Russia, including oligarchs.

A public sanctions register will be set up to list every individual, entity, asset, or service that is sanctioned. The sanctions will freeze assets located in New Zealand; it will also prevent those who are sanctioned from moving assets to New Zealand or using our financial system as a back door to get around sanctions increasingly imposed by other countries. Sanctions can apply to trade, financial institutions, and territory—including stopping the likes of Russian superyachts, ships, and aircraft from entering New Zealand waters or air space. While the bill will be specific to the Russian invasion, it does importantly allow for sanctions to be imposed against other States which have been complicit with Russia’s illegal actions, such as Belarus.

I have allocated seven Ministers power to act: myself, the Deputy Prime Minister, the Minister of Foreign Affairs, our Minister for Trade and Export Growth, our Attorney-General, the Minister Responsible for the GCSB and NZSIS, and the Minister for justice and immigration. These Ministers will be able to convene as soon as possible to sign off the first tranche of sanctions once the bill has passed—which will focus on aligning to the actions of our partners, such as expanding our travel ban list, immediate asset freezes, and sanctions on Russian banks—with a second tranche to follow, focused on a more forensic analysis of Russian investment in New Zealand with ties to the invasion, to further extend this sanctions regime. This bill will be specific and targeted to those funding and supporting war. It will not be blanket sanctions on any Russian person or Russian operation in New Zealand.

The Government will also continue its work in seeking advice on a full autonomous regime, but, in the meantime, this bill allows us to specifically target Russian actors and further condemn the unprovoked and unjustified acts by Russia. We will introduce the bill on Wednesday and hope to have it through all stages by the end of the day, with sanctions able to be imposed as quickly as possible within a week thereafter. We have worked with all parties across Parliament on this, and we are hopeful we will have full support across the House. We would have hoped not to have had to take this step—we would have hoped to have been able to use the might of our multilateral organisations—but the unprecedented actions of Russia and the current limitations in the multilateral system have forced us to act in this way.

I’ll now hand, though, to Minister Mahuta to outline a few more details about the Russia Sanctions Bill.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

Thank you, Prime Minister. And can I say that, as this is a targeted sanctions bill that will be passed under urgency, although the legislative framework will be broad, it will enable us to impose and enforce sanctions. The other aspect of the approach that we’re taking is that the sanctions that we will develop will be in line with international law. And, as has been mentioned, sanctions will be apply to classes of individuals, entities, assets, or services that are responsible for, or have been associated with, or are economically or strategically relevant to a country making threats—in this instance Russia—against the sovereignty and territorial integrity of the Ukraine.

Can I also highlight that, in terms of the specific regulations being worked through at pace, a public register will be published outlining the specific individuals, entities, and assets targeted. This will ensure transparency regarding those impacted by the targeted sanctions regime. I just need to make clear that, while the legislation is broad, it doesn’t mean that someone who is Russian and wealthy will automatically be a target. We’re not looking to target every individual or company simply for being Russian. We’re looking to target people, services, and entities responsible for, or associated with, Russia’s aggression. We want to target those who are economically or strategically important to Russia, and we want to respond to those States or individuals who might help Russia in their aggression against Ukraine—like Belarus. It’s also important—in addition, Prime Minister, to the points that you’ve made—that the creation of this targeted sanctions bill will send a very clear signal that New Zealand will not be a safe haven for those wishing to move their investments here to New Zealand. And I’m happy to take questions alongside you.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Two really important points. The amount of Russian investment currently in New

Zealand is limited: up to $40 million, with no pending overseas investment applications that would be relevant to this sanctions regime currently. But it’s not just about what is already invested here, but what might be invested here, what assets might be moved to New Zealand—making sure that we do not become the haven for those who are already being sanctioned overseas. We need to move pre-emptively to ensure that we stop that from occurring.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Well, what I would say is we never pushed it to the side. What we looked at was: what are the fastest levers that we have available to us? So we, at the same time, got advice on a bill like this that we are presenting today whilst also looking at whether or not our existing overseas investment legislation could’ve been an alternative mechanism to try and stop the inflow of investment we might see into New Zealand in order to escape other sanctions regimes. In the end, it was determined that we would progress with the bill that you see before you today. The question over a wider autonomous sanctions regime—there has been a bill that’s been sitting in Parliament since 2017. It is not as comprehensive as this. It would not allow us to target Russian oligarchs. It would not allow us to target airspace or those that might move into our maritime area. It does not allow us to do some of the more extensive things that we have designed specifically for this invasion in Russia.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

So the first tranche—that that we’ll move most quickly on; so after the bill’s in place, in that first week—are the more straightforward extension of travel bans, because this bill allows us to go further than we’ve already gone; restrictions on banks; any relevant asset freezes to stop the movement of assets from those that’ve already been sanctioned. So that’s where we can draw on the international evidence and intelligence that already exists. The second tranche, the next, longer piece—that will take a little longer—is our own investigations to try and identify anyone further that should be added to those lists. So that’s a process that the Ministry of Foreign Affairs and Trade goes through and could take a little bit longer. Minister, do you want to want to speak to that process?

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

I think, in terms of the identification, which is a very good question, the legislation provides the framework for information sharing and intelligence gathering, which hasn’t been available previously, which will be used in these specific conditions to be able to identify Russian oligarchs, family members, those who are covered by the definition of classes of person.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

So this bill sets up a framework. Within that framework now, we have the ability then to start rolling out a series of sanctions. The first tranche of those—where some of that work and intelligence gathering has already been done. The second tranche will take a little bit longer, as we go through additional information, but the point is it always gives us the ability to extend to individuals new asset classes where we identify we need to extend our targeted sanctions. So it’s a framework that we can then work from.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

We are very much in line with what our international partners have done in many areas: the travel bans; the export sanctions stopping, for instance, any dual-use technology that might be used to support the military or the military regime or the invasion. So we’ve already moved on them very quickly. In addition, we were one of the first countries to move on humanitarian assistance. Now we’re changing our laws, and even though we are not a country that, like many other countries, has a large amount of Russian investment within our borders, we want to make sure that that doesn’t become the case. So this is still very timely for us.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

In order for the integrity of the legislative framework to take its course, it is going to be very important that the regulation-setting mechanisms and the thresholds therein to identify who is covered by the legislation can occur. I think it would be misplaced to come up with a range of names here, today, and then say whether or not they’re in and out. The regulatory process will enable a robust approach to the way we deal with this.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Well, obviously we’re releasing today the list of names of those who are already covered by our travel bans. We expect with this legislation for that list to grow. Tranche one, I’ve already said, we expect which could include extension to those travel bans within a week of the legislation passing, but it will be another few weeks again, I think, for an extension beyond that into tranche two.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

Well, we hope that is the case. We hope that, over the next period of time, Russia will not only de-escalate but stop its aggression that is incurring on the Ukraine. But the period of time for which the regulations are effective will be a three-year period, and they can within that period of time be renewed.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

So a couple of comments, and then I’ll get the Minister to talk about the work that’s already been under way. The first point, as you well know, is that the National Party themselves first talked about this, I believe, in 2012 but didn’t produce a bill till 2017. Now, when we came into office, we had concerns that the bill as it stood didn’t cover cyber-security issues; didn’t cover, for instance, human-rights abuses. So the Minister started a process to work through “Well, if we did have an autonomous sanctions regime, how do we make sure that it adequately covers those issues but also acknowledges that New Zealand has always, otherwise, used a multilateral system?” So it’s a big change, and we didn’t take that change lightly. Fast forward to this situation: that bill as a draft, as it stood, was not fit for purpose for what we needed to do. So we’ve created our own bespoke response, and now we’ll continue the wider autonomous sanctions work.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

So, parallel to this process of a targeted sanctions bill for Russia, I’ll be stewarding through, with the consideration of Cabinet, the approach to a broader autonomous sanctions bill. But we stand by the approach that we took, which was: you had a bill drafted in 2012, languished for some time, could have been put forward by the then Government, wasn’t, and so, in 2013, we saw that it wasn’t fit for purpose, we undertook to take a broader approach, with human rights at its core but also favouring multilateralism, and also ensuring that our independent foreign policy stance could be considered within the creation of an autonomous sanctions bill. I’m hopeful—

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

Well, that was the limitation of our own process, of not having a sanctions regime. What this process does is it enables us, in a very transparent way, to be able to name and have a public register, for transparency purposes, of individuals and entities made very public by way of registering their names. I think what we’ll see over time is that the international community, in sharing the information of who is on their register, will be well served in terms of, again, information sharing, intelligence gathering, and greater transparency into how we apply these sanctions from a global perspective.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

So we also have those obligations that, where we’re drawing on international intelligence or information, we are open with our partners around the public release of those names. But, with this bill, we’ll also have the ability to have a broader range of individuals who may be covered by travel bans, and that may actually be drawn from our own work rather than just on international partners as well. And it’s a broader category of people that could be included, too. I see some questions that might be on that—yeah, Thomas, and then Jessica.

Media

Permanent link

How far could the sanctions go? I mean, you’ve said you could apply them to countries supporting the conflict. China and India, for instance, might be considered to be propping up the rouble, or voting alongside or voting in a helpful way to Russia in the UN. Could it apply to countries that aren’t directly involved in the conflict but are supporting Russia while it wages war?

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

I think one of the things that, personally, I find really disturbing amongst all of the devastation we’ve seen from the invasion itself is the disinformation within Russia, particularly when you see those in Ukraine who have family members in Russia—that they’re explaining to them what is happening and their own family members don’t believe it. There is a role to play for citizens knowing what is happening at the hands of their own country’s leadership. So the question around whether or not you’d want to impact on the everyday lives of Russians—ultimately, we’d want to impact on those who are decision makers, we’d want to create influence around those decision makers, and having the Russian people themselves fully aware of the situation, equally, would have a huge impact, and there the impact of State television and State media into other countries is really important as well.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

Yeah, I think there are some international obligations that we need to be mindful of: the Vienna Convention but also legislation in relation to the diplomatic corps. What we have done is called the ambassador in, expressed our significant concern and distress about the actions Russia has taken. We also have people still in Russia who require our support or consular support; so we have to weigh all those things up as we take next steps. I think the overall point, however, is that the aggression that Russia is currently showing will require strategic endurance. And so this approach to targeted sanctions will enable us to ramp up a range of sanctions in response to Russia’s aggression, or, hopefully, wind back in the event that international diplomacy and the weight of international diplomacy will actually bring Russia to a point of conceding.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

By maintaining the same independent foreign policy that we’ve had for decades. But we do want to give consideration to how we can embed within any future regime both that independence but also draw, as we have in the past, from a multilateral approach. And that’s why, whilst we’ve had the autonomous sanctions regime issue sitting before us, we’ve also been engaged in reform of the United Nations. Ultimately, if we had a Security Council that was more functional, we would not be facing this issue in the first place. And so that’s at the top of our minds, as well.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Yep, and look, it is possible, of course, and here I would just separate out: I’m not speaking to any individual at this point in time. We do need to make sure that the legislation is in place and that the Ministry of Foreign Affairs and Trade go through the process that they’re required to before establishing any sanctions on individuals, entities, or assets. There is the ability, however, to be very specific in the targeting of particular assets or investment. So, even if you had an individual in scope, you could be targeted within that. You could target their super yacht, for instance, and not target a business enterprise if you so chose, for example.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Well, here we’re confronted with where the multilateral system has failed. And New Zealand continues, of course, to be an advocate for that UN reform, and we will continue to do so, but we need a way to work in tandem, to continue to call for that reform but also make sure that we have the tools available to us to send a strong message that all New Zealanders want us to send. Now, that doesn’t mean that we aren’t able to construct, going forward, an autonomous sanctions regime that sits well with our foreign policy approach, and that’s what the Minister had already started but had not yet completed. We want to go through that proper process before we just shape our entire response around one conflict.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

Well, let’s be mindful: in this context, in relation to Russia, while the Security Council failed to some extent to apply sanctions against one of the members who had the right to veto, the UN General Assembly voted 141 members against five in relation to Russia’s actions. That is a strong signal. We also have a strong signal from countries who would formerly take a neutral stance, such as Switzerland, forming a position— and also Singapore, who have many common values as us. They too are looking at a targeted sanctions regime. So, while the institution of multilateralism has had its failings, the international community have still expressed strong condemnation of Russia’s actions, which is why we’re doing what we’re doing.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

At this stage, at senior officials level, there’s ongoing engagement with their counterparts in China and ongoing encouragement at that level to engage with the international community and the pressure that’s being applied to Russia around the actions that they’ve taken, and we do want to continue to encourage that China uses the influence that it has. You’ll know that they’ve often taken a policy of non-interference in other countries’ foreign policies. Here’s an example, though, of many countries who have taken that position in the past who have been very forthright on this occasion.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

We will continue to encourage China to take a stand on what’s happened in Ukraine, and at this stage our preference would be to continue to encourage that addition of pressure, rather than make an assumption that they’ve already settled on a final position here.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Not at this stage, but that is something that we want to make sure that we work through in a timely way. So I hope soon that we’ll be making those decisions. On the change at our borders, I want to acknowledge our border staff. I visited Auckland Airport a couple of weeks ago now, and, you know, you can’t imagine what’s it’s like to work at an airport where, for the past two years, it has been—you know, it’s been empty. It’s not been the vibrant, exciting place that so many are used to working in, and so their excitement about the return of travellers was really clear. I spoke with the head of our border agency today, and she was very positive about the new transition. There’ll always be things we can iron out, but overall— and I’ve had a couple of mystery shoppers share with me—overall, a good experience.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Hypothetical, I would say, at this stage. We’ve seen no such reporting, but that doesn’t mean we shouldn’t be prepared. Of course we do have mechanisms through the OIO to understand what may be coming in, and, as I say, there’s no pending applications there at that threshold.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Yes. So two things: I’d say the decision around whether or not we shorten isolation periods is actually, I would say, broadly based on a number of factors that aren’t just around case load. What we’re seeing in international evidence and so on is equally important, as well as the impact on different industries and our ability to keep those critical supply chains going. So, as soon as we have any advice formally to Ministers and decisions made, we’ll speak to that.

On where we are: currently, one of the issues we have, of course, is since we’ve switched over to rapid antigen testing, we cannot guarantee that every test that has been taken that is positive is being reported. Now, we won’t be alone in that issue, but it means using testing as a way to demonstrate where we are in the Omicron peak is difficult. So we are now tracking hospitalisations as our signal to whether or not we are at a peak and then coming down. There’s a lag for that, though. So the lag is anywhere between, you know, five to 10 days between peak cases and when you would expect to see that flow through to your hospitalisations. That is what we’re now keeping an eye on. They continue to rise in the northern region, but we do expect the northern region to peak first and then for others to follow. So we may have, but we won’t know until we see the hospitalisations change.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

So we are going to—we’re continuing to do the policy work regardless, and then, as we get close to the decision making, we’ll be able to see, we hope, from what’s happening with our hospitalisations, where we are. So, as I say, we’re not there yet. We’re doing the policy work to be prepared regardless.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Yeah, so I get a mixture—of course, we don’t have formal reporting across all industries, and it’s variable, but some of the feedback that we’re getting is both supermarket chains aren’t necessarily affected in the same way, and that’s simply, I would say, a mixture of how they’re using the critical worker exemption regime and also where they have a large number of store locations and whether those areas are more heavily impacted by COVID or not. One of the other factors is that a number of them—their workers don’t have COVID themselves but their children do, and they’re, of course, required to isolate. Whilst they could leave, they don’t have the ability for anyone else to care, and this will be the situation in a number of households where repeatedly I’m hearing that family have children with COVID and that they are all isolating as a result of that. You can see that in the profile of the outbreak, and I know a number of you will have anecdotally heard that, too. I’m also hearing, though, that perhaps—perhaps—in some quarters it may be easing a bit in Auckland, the absenteeism, but again I don’t want to get ahead of where we are. We need to just let it continue—to watch, hear, and track what we’re seeing in our hospitals—to know.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

Well, I think largely that will be guided by the international community, because de-escalation and withdrawal of military forces are in and of themselves separate moves. So we will be informed by the international community by way of how to deal with the revoking or stepping back from sanctions.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Look, we do want people to report if they have a positive rapid antigen test, and there’s a number of reasons why. We want to make sure that we’re giving support to those who are isolating at home who may need it, either be it healthcare support or, for instance, if they have welfare needs. If they are a low-income family, for instance, who need support, that’s a way that we can make sure we’re in contact with them. But, if people aren’t reporting, of course, we can still use hospitalisations as a way to see what is happening overall with the outbreak. That will be a secondary signal to us as to whether or not we’ve peaked, even though there is a delay in hospitals tracking following cases.

Jacinda Ardern

Associate Minister, Arts, Culture and Heritage

Minister, Child Poverty Reduction

Minister, Ministerial Services

Minister, National Security and Intelligence

Prime Minister

Permanent link

Just doctors generally? Look, I mean, one of the things we’ve been really focused on is making sure that, in our hospital network in particular, where they really are bearing the brunt, particularly in Auckland, they have the support they need to deal with what is often critical staff shortages and not just the COVID cases they have coming through. We’ve been in regular contact. The feedback I have is that they are managing. They are doing a sterling job of covering where they need to where staff are absent, and that over the next week, though, it is going to be particularly tough going for our health sector. That’s why all of the measures we have in place right now to try and still slow Omicron down is so important. I hear the calls from people around wanting to lose the restrictions, but, please, do keep in mind, for our hospital staff, this is a critical point in the outbreak. Those measures are still really important to us. There will be a time when they can go, but now is not it.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

I’m scheduled to formally receive that advice tomorrow. However, given the wide range of soundings that the group have heard across the local government sector, I understand that there has been broad input into the thinking of the governance working group and focus on improving governance representation and local voice aspects of the reform programme.

Nanaia Mahuta

Associate Minister, Māori Development

Minister, Foreign Affairs

Minister, Local Government

Permanent link

Well, I’ll wait to receive the proposals, and that’s the whole point. The whole idea of establishing the governance working group was to engage with the local government sector, take on board the eight weeks of feedback from the sector, but also ensure that, in the areas where there was most concern, the governance working group was further able to consider the issues raised by the sector. So I’m looking forward to their recommendation.