Bye-Laws Committee Members noticed need to effectively improve communications

Bye-Laws Committee Members noticed need to effectively improve communications



“We continuously support efforts made by the Bye-Laws and Regulations Committee in formulating regulations and providing mutual guidance in order for banks to be well-run and efficient” commented Budi Rochadi, Deputy Governor of the Payment System during his opening remarks at the evening get-together for the Bye-Laws and Regulations Committee.



The event was held at the Sheraton Hotel in Bandung on 10th May 2007. It represents one of the routine activities undertaken to establish cooperation among all Bye-Law officials. It is hoped that such occasions facilitate communications between members to therefore reach consensus at every meeting or discussion more effectively.



Bank Indonesia is fully aware that operationally the payment system does not completely adhere to Bank Indonesia’s regulations. As a result, the combined ideas and perceptions of each committee member are considered in the institution of mutual regulations to help facilitate the payment system.



Closer cooperation between all stakeholders should create more effective informal communications. In addition, this is hoped will support a higher quality, more effective and efficient payment system to meet market needs and raise industry efficiency. Closing his remarks, Budi Rochadi expressed hope that all stakeholders and committee members can maintain and improve their motivation and strengthen their cooperation.

http://www.bi.go.id/web/en/SP001/Info01/DASP01/Info_SP14.htm