Following these developments, ICANN announced it would hire outside ethics experts to review its policies and make recommendations. The decision was made during a September, 2011 meeting of the Board Governance Committee. This resulted in a new Conflict of Interest Policy for members of the Board and others, released on December 8th, 2011, and effective immediately. The policy requires disclosure to the Board Governance Committee of any and all potential conflicts of interest, and subsequent abstention from ICANN activities related to the conflict of interest. Board Members also may not join business with a new gTLD registry until 12 months after the registry's application has been voted on.