There is also a role for supervision, not just in addressing the particular conditions at a given firm, but in generating and sharing better  10  Financial Stability Board, “FSB launches evaluation of too-big-to-fail reforms and invites feedback from stakeholders,” news release (May 23, 2019), https://www.fsb.org/2019/05/fsb-launches-evaluation-of-toobig-to-fail-reforms-and-invites-feedback-from-stakeholders/.
-7information on how stress may manifest, not just in the firm overall, but in each jurisdiction where it operates. More information sharing by home to host supervisors may help convince host supervisors that they need fewer pre-positioned resources in their jurisdiction. Today’s workshop is a worthy step forward in discussing these issues, and towards preserving and expanding the benefits of cross-border finance.