But, as I will shortly explain, the coordination of home and host supervisory arrangements in ways that meet the needs of both countries is both complicated and challenging. Differences in the interests of home and host supervisors One of the important issues arising from a banking system dominated by foreign banks is the relationship between the home and host supervisory agencies and central banks.
BIS central bankers’ speeches  3  We are very conscious of the role the Indian economy plays in influencing growth in other SAARC economies. To avoid any negative externalities, we have kept the objective of securing and preserving macro-stability at the top of our agenda.