Designing an Integrated Financial Supervision Agency: Selected Lessons and Challenges for Indonesia

Reza Siregar and Willam James ()
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Willam James: Nathan Associates Inc

No 2004-05, Centre for International Economic Studies Working Papers from University of Adelaide, Centre for International Economic Studies

Abstract: Having initiated reforms in its financial sector in late 1997, the government of Indonesia introduced a new central bank independence act in early 1999. The next task for the government of Indonesia is to devise a safety net system for the financial sector. This study draws essential lessons from the experiences of other countries to highlight a number of key challenges facing Indonesia, especially at early stages of designing its unified financial sector supervisory agency.

Keywords: Unified Financial Sector Supervisory Agency; Bancassurance Central Bank; Indonesia. (search for similar items in EconPapers)
JEL-codes: E58 E61 G21 G28 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2004-10
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Citations: View citations in EconPapers (3)

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