In terms of banking supervision, we continue to review and align our financial regulations and policies with international standards to improve risk management as well as ensure the competitiveness of our banks in view of ASEAN integration… We intend to further enhance our macro-financial surveillance capability by, among others, improving coordination and cooperation with other government agencies and regulators… We are also working closely with other government agencies and private sector stakeholders to accelerate the development of the domestic debt market, including the development of the necessary financial market infrastructures that provide orderly trading, clearing, and settlement of the full range of financial transactions.
The closure of local branches over time – from 97 in 2007 – addressed the need to ensure the greatest operational efficiency without reducing the quality of the  4/6  BIS - Central bankers' speeches  services provided, partly thanks to the technological innovation introduced mainly in payment and currency circulation activities.