The way Bank Indonesia formulates policy responses is indeed a meticulous process involving deep internal discussion. This was undeniable since the threats and challenges in 2010 was so diverse and unpredictable creating complexity in the policy making process. 23. In general, there are three challenges in 2010 which will persist in the future. First, the challenge of global economic imbalance.
To this end, for organisational purposes, all Bundesbank banking supervisors involved in the offsite supervision of significant German credit institutions were assigned to one strategic office. And you took over at the helm. In this role, you have succeeded in putting the supervision of large, significant German banks at our Central Office on a completely new footing.