It requires substantial resources and is at odds with the idea of having a single European supervisor and a Single Market in banking. In cases where national legislation goes beyond CRD IV, regulatory fragmentation also raises complicated legal questions: what powers does the SSM have in applying national law that goes beyond European norms?
Second, strengthening research and statistics functions as well as strengthening the Bank Indonesia  34  Representative Office locally by, among others, implementing big data technology to support the decision making process, and updating the regional office handbook to support the role of the Bank Indonesia Representative Office as a strategic partner of the Regional Government.