At the global level, as a highly regulated industry, banks cannot disregard international standards, all the more with Indonesia being a member of the Group of 20 (G-20), Financial Stability Board (FSB), Bank for International Settlements (BIS) and Islamic Financial Services Board (IFSB).
By implementing various agreed commitments, it is expected that Indonesian banking sector keeps growing healthy in the corridor of international prudential standard. 62. Considering the various global concessions in maintaining the financial system stability, I notice that the capital and liquidity aspects need to be reviewed. Meanwhile, crisis resolutions for the possible systemic impact of failing financial institutions also need to be strengthened.