If Government ever had to bail out banks in order to protect the economy from collapsing, our debt-to-GDP would fly through the roof. It goes to say that regulation and supervision of banks is a function of the Bank of Mauritius that cannot be taken lightly and politicians should stay out of the regulatory and supervisory arena.
https://www.rba.gov.au/speeches/2018/sp-ag-2018-12-10.html  4/10  12/10/2018  US Monetary Policy and Australian Financial Conditions | Speeches | RBA  Figure 1  An analogy related to housing can help to further the intuition here. Imagine a Bloomberg employee who owns an apartment in New York but has accepted a temporary job in Sydney.