NationMaster - Encyclopedia: Host state regulation

In a directive, or regulation, where host state regulation applies, if a firm based in based in country A is selling into customers living in country B, they are regulated according to the laws of country B. Home state regulation is sometimes seen as hindering the single market, as firms need to be aware 25 sets of national law. However, it is also argued that it gives better protection to consumers, who are unlikely to be aware of their rights under the laws of other EU member states.

NYSBD Staff Interpretations (536 words)
	In support of your position first you state that [ ] document retention policy and schedules are not "activities" of [ ] branch operations in New York as defined by the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, as amended, and is therefore not subject to host state regulation.
	In addition, you state that the retention policy of a multi-state bank relates to its corporate structure and is an internal policy which is not an "activity" of [ ] in New York.
	Section 6.2 (Home State Law) of the Agreement provides: "To the extent that, based on the principles referred to in Section 6.1, host state law is determined to be inapplicable to particular operations of a host sate branch of a multi-state bank, such operations shall be governed by home state law.

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