therefore documents should create framework to manage two processes to harmonius the free movement of capital within a financial group with the necessity to ensure the liquidity
Therefore, the documents presented should create a legal framework to manage two main processes: firstly, to harmonise the free pro-cyclical movement of capital within a financial group with the necessity to ensure the liquidity of the real economy and macroeconomic stability during the economic recession; secondly, to help share responsibility between home and host supervisory institutions, to ensure that a financial group's activities are appropriate, and to clarify who will cover losses if mistakes are made.
Therefore, documents should create framework to manage two processes: to harmonise the free movement of capital within a financial group with the necessity to ensure the liquidity of real economy and macroeconomic the economic recession; secondly, to help share responsibility between home and host supervisory institutions, ensure that a financial group's activities are appropriate, and clarify will cover losses if mistakes are made.