This is done to prevent the failure of global financial turmoil due to the potential done by banks and financial institutions.
"Financial Stability Board / Board of financial stability (FSB) has included 30 banks and financial institutions as a source of systemic crisis for the global work area that belong to companies that are too big to fail (too big too fail). Behavior shareholders and management policies in in control, "Said the Minister of Finance Sri Mulyani Indrwati in Jakarta.
In the Financial Times reported there are 24 banks and 6 insurance multinational institutions listed in FSB. They are spread in the UK, Europe, the United States, and Japan.
To the Bank was the 24th Bank of America Merrill Lynch (BAC), Citigroup, Goldman Sachs, JP Morgan Chase, Morgan Stanley, Royal Bank of Canada, Barclays, HSBC,
Royal Bank of Scotland, Standard Chartered, Credit Suisse, and UBS AG. There was also a BNP Paribas, Societe Generale (French), BBVA (Spanish), Santander (Spain), Mitsubishi UFJ, Mizuho, Nomura, and Sumitomo Mitsui (Japan).
Then there's Banca Intesa and UnitCredit (Italy), and Deutsche Bank (Germany), and ING Group (Netherlands). The six groups of insurance business is Aegon, Allianz, Aviva, AXA, Swiss Re, and Zurich.
"The FSB supervision, banks and financial institutions must have a living will (will to live). Because if there are difficulties, they should mentelesaikan own problem before asking for assistance to their respective governments" said Sri Mulyani.
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