because evidently, implementation of macroprudential policy directly touches upon financial agents and more than often requires inter-agency support for its effectiveness. With proper knowledge and understanding of the macroprudential framework including the transmission of systemic risk, the public can gauge their contribution to preserve financial stability. In this case, limiting the tendency for risk exuberance behavior.
Furthermore, the recent enactment of the Law on Financial System Crisis Prevention and Resolution not only compels the public to be equipped with a stronger understanding of systemic risk but also with regards to the importance of institutional arrangement and crisis management protocol. 4.