1  The figure is the total amount of public capital injections until March 2010 in the United States, United Kingdom, Germany and France. For details, see Bank of Japan, “Financial System Report” (March 2010). 2  See IMF, “Fiscal Monitor” (May 2010).
Host supervisors in the region will have only one counterpart as home supervisor for a large part of their banking sector, instead of several, as is currently the case. In order to reap the benefits of this simplification, appropriate mechanisms for cooperation between the SSM and local authorities will need to be developed.