Therefore, I would like to see efforts to reinforce bank capital remain as our primary focus in the future. Bank Indonesia will continue to closely monitor the development of capital at each bank.
In response to this, acting jointly, the Treasury Market Practices Group (TMPG) and the Securities Industry and Financial Markets Association (SIFMA) swiftly discussed and reviewed the fails practice. In May 2009, fails charges were introduced in order to prevent frequent occurrence of fails under low interest rate conditions.