The Sharia State Savings Bank (BTN) is a business unit that receives FLPP funds from the government, BTN Syariah also subsidiary of Conventional Bank, which has become second best bank in implementing Subsidized Mortgage Program Indonesia after Conventional. Islamic supports and implements programs provided by namely Housing Financing Liquidity Facility (FLPP) Ministry Public (KEMENPERA)...

Both in the United States and in the Euro Area, bank supervision is the joint responsibility of local and central supervisors. I study a model in which local supervisors do not internalize as many externalities as a central supervisor. Local supervisors are more lenient, but banks also have weaker incentives to hide information from them. These two forces can make a joint supervisory architectu...