Suhartono_abstract_1332009

PERAN BANK SENTRAL DALAM
STABILITAS SISTEM KEUANGAN (SSK) DAN IMPLEMENTASI
JARING PENGAMAN SEKTOR KEUANGAN (JPSK)
 
Suhartono

STIE Perbanas Surabaya
Jl. Nginden Semolo No.36 Surabaya
Korespondensi dengan Penulis:
Suhartono: Telp. +62 31 594 7151, Fax.+62 31 599 2985
E-mail: haryati@perbanas.ac.id 

Abstract:
The government and Bank Indonesia developed a framework for the Draft Law on the Financial System Safety Net. The framework clearly specified the tasks and responsibilities of the relevant institutions involved in the operation of the Safety Net. In principle, the Ministry of Finance was responsible for drafting legislation for the financial sector and providing funds for crisis resolution. BI, the central bank, was responsible for safeguarding monetary stability, maintaining a sound banking system and ensuring the secure and robust operation of the payment system. The DIC (Deposit Insurance Corporation), on the other hand, had responsibility for guaranteeing bank customer deposits and resolution of problem banks. The Financial System Safety Net  framework was set out in the Draft Law on the Financial System Safety Net, which was currently undergoing a consultation process. In this way, the Financial System Safety Net Law would provide a strong foundation for the financial system stability policies and regulations to be established by the relevant authorities. The Draft Law specified all components of the FSSN: (1) effective bank regulation and supervision; (2) lender of last resort; (3) adequate deposit insurance scheme; and (4) effective mechanism for resolution of crisis.
 
Key words : central bank, financial system safety net, regulation, monetary stability

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