Wednesday, 13 December 2017

Bank of England's Prudential Regulatory Authority to remove gendered language

The old lady of Threadneedle Street may soon lose her moniker under plans by the Bank of England to remove gendered language from documentation.

Under proposals by the Prudential Regulatory Authority (PRA), which regulates banks and insurers, a chairman will become chair.

It also wants to change how individuals are addressed in terms of "his/her".

The alterations are part of changes to the PRA's certification documents for people working in financial services.

The watchdog also proposes changing its terminology from "grandfather/ing" - which allows an old rule to be used while a new rule governs future cases - to "conversion".
It said that the changes to the "Senior Managers and Certification Regime" "form part of the PRA's commitment to encourage equality and diversity at regulated firms".

BBC        News.

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