However, we also see that eventually, Basel II implementation will not only require the readiness of the banking industry to implement better risk management including improving the quality of the capital and information system, but also require Bank Indonesia readiness to improve the quality of regulation, supervisors, the information system and practices, as well as follow-up on bank supervision.
Other than the common achievements made to date, I see that in order to reach enhance banks through Basel II implementation, our attention often deviates by the perceptions or information that are not always entirely accurate regarding Basel II implementation, which in turn could be detrimental.