However, under the assumption of the banks’ good intentions, we can say that all banks have been able to meet the minimum capital requirement, and will also be able to meet the Rp100 billion capital requirement by the end of 2010.
The ongoing review of the crisis management and deposit insurance framework in the EU (European Union) (CMDI review) provides a good opportunity to improve the resolution framework. [15] The following steps are, in my view, necessary to make resolution more credible and effective: First, competent authorities should intervene earlier and more effectively.