The Memorandum of Understanding between the Ministry of Economy and Finance, responsible for supervising the foundations, and the Association of Banking Foundations and Savings Banks is a step in this direction. The concentration limit on investment in a single issuer protects the interests of both the foundations and the banks.
The Memorandum safeguards compliance with the ban on control, including joint or de facto control, of investee banks. It also improves the quality of governing bodies, increasing their degree of independence.