To illustrate this point, and looking only at the distribution of assets, let us assume that a possible threshold of at least 5% of either group assets or domestic banking assets represents a rough criterion for identifying significant group entities.
If we were to apply this criterion to the key cross-border players, there would be on average three countries in which significant group entities were located. This would be a significant reduction from the current average of 12 countries in which the banking groups operate.