The increasing share reflects the fact that Australian institutions accounted for a larger share of global foreign currency bond issuance in 2009.
When problems are identified, contact with the BIS Review 11/1998  -6-  home country supervisor may also be warranted to coordinate a thorough understanding of the bank’s plans for the readiness of its US operations. In so doing, we hope to be better able to address any institutions that have not made sufficient progress toward resolving the issue with their US offices.