The conditions would be, such as, foreign banks incorporated in a jurisdiction having legislation giving a preferential claim to deposits of home country in a winding up proceedings; foreign banks that do not have adequate disclosure requirements in their home jurisdiction; foreign banks with complex structures; foreign banks which are not widely held could have maiden presence only by way of WOS.
The Basel Committee on Banking Supervision, responsible for the international standards and guidelines on banking supervision, which has adopted the OECD principles of corporate governance, also updated its own set of Corporate Governance guiding principles for banks worldwide to assist Banks and Supervisors further.