Therefore, host-country supervisory arrangements are essential, as are structures for coordinating home and host supervision. Home-country and host-country supervisors should be able to rely on and support one another at all times. When banking groups have international shareholders, it is important for the host-country supervisor to be able to rely on the shareholder of reference in times of need. 8.
Challenges going forward  Three important challenges face the South African banking system, including bank supervisors, in the forthcoming number of years. These challenges are the implementation of the New Capital Accord, or Basel II, as the Accord is commonly known; the provision of the broader access to banking services; and the full implementation of anti-money laundering measures.