By applying risk-focused supervision, and promoting sound practices, and improved market disclosures, an umbrella supervisor should be able to implement an effective, unintrusive oversight process for conglomerates.
The oft quoted example “hang him not leave him”, where a simple change in the placement of a comma could decide between life and death, emphatically points to the criticality of effective communication. As much as it is important in our social lives, the language is also very critical in financial transactions where even seemingly small lapses could lead to huge implications.