Crossborder banks requested a more concerted approach by their supervisors and cited the home/host arrangements and the large exposures limits as posing possible obstacles to the cross-border management of intra-group liquidity.
Certain obstacles regarding the pooling of liquidity and the cross-border use of collateral were also identified, including the divergence in standards of access to central bank money outside the euro area, the non-connectivity of payment and security settlement systems and legal issues.