One aspect that can condition supervisory activity is the availability of full information on the activity of foreign branches, and to some extent also of the subsidiaries present in Italy, when  6  BIS Review 168/2009  their role is merely to distribute products developed abroad, often in London.
4 The state of too-big-to-fail More research is also required to examine one of the central promises made in the aftermath of the financial crisis – the promise that taxpayers will not be on the hook again for losses incurred by banks: the promise to end too-big-to-fail. Ending too-big-to-fail is not only a question of fairness.