With respect to going concern prudential requirements such as capital levels, host countries have a continuing opportunity to observe how home country officials are regulating and supervising their banks.
Particularly if effective monitoring mechanisms are developed, host countries may become comfortable with limited oversight of some or all domestic operations  10  Indeed, Dirk Schoenmaker developed his notion of the financial trilemma around the conflicts of interest that arise in the context of the insolvency of a global bank.