In any case, supervisory agencies and central banks charged with macroprudential policy must make every effort to improve their analyses of macro-level risks in the financial system and be on the lookout for any symptoms of financial instability evident in the activities of individual financial institutions.
Our choice of the theme for the debut of the Thought Leadership Series – Banking Sector Resilience: Global and Domestic Perspectives –is explained by the importance of preserving stability and resilience of the banking and financial system amidst the global COVID-19 pandemic that has struck us since March last year.