One, albeit imperfect, way of seeing this is the number of approvals by the Foreign Investment Review Board (Graph 7). In the middle years of this decade, there was a surge in foreign investment in residential property, particularly from China. This was apparent not just in Australian cities, but also in ‘international’ cities in other countries.
For this issue the bottom line is that legal mandates across countries are not  4  BIS Review 49/2003  going to change, and supervisors realize that they have an added responsibility to keep complexity to a minimum. One of the most challenging home/host issues that has arisen of late is the allocation of operational risk capital within a consolidated banking organization.