Management Consultancy Case Studies

How LBTC’s tailored training programmes and strategic consultancy are strengthening Indonesia’s financial resilience and long-term capability 

At a Glance :
Client: Lembaga Penjamin Simpanan (LPS) – Indonesia Deposit Insurance Corporation (IDIC) 
Sector: Financial Stability, Banking Resolution, Law Enforcement 
Location: Jakarta (consultancy phase) and London (delivery phase) 
Service: Management Consultancy and Capability Development 
Project Duration: Several months of consultancy preparation, followed by two parallel implementation programmes (five and four days respectively), with ongoing post-implementation consultancy support 
Participants: Senior officials from LPS, the Indonesian National Police, and the Supreme Court of Indonesia 

Objectives :

LPS sought a consultancy partner capable of: 

• Assessing and strengthening end-to-end capability in bank resolution, dispute management, and financial crime investigation.
• Analysing the structure and operational implications of LPS’s legal and regulatory framework.
• Equipping participants with comparative insight into UK systems relevant to Indonesia’s needs. 
• Strengthening coordination between LPS, law enforcement, and judicial bodies.
• Delivering practical, internationally aligned tools for resolution, investigation, and recovery.
• Building a long-term advisory relationship to support a confidential national project.

The Challenge 

The engagement began during LBTC’s senior leadership visit to Asia in early 2025. In Jakarta, LBTC met with LPS to understand upcoming capability development requirements. Indonesia’s financial system continues to evolve rapidly, making bank liquidation, dispute resolution, and financial crime investigation increasingly complex and interconnected. 

LPS required precise comparative insight into two specialist areas: 

1. Bank liquidation and dispute resolution mechanisms 
2. Fraud detection, asset tracing, and recovery 

Standard training programmes would not meet these multidimensional needs. LBTC’s consultancy-led approach involved months of analysis, stakeholder dialogue, and tailored design work, ensuring that both strategic priorities and operational realities were addressed. 

Our Approach 

LBTC delivered a comprehensive consultancy engagement that combined extended diagnostic work, in-depth legal and operational analysis, and direct collaboration with LPS senior leadership. 

1. Multi-stakeholder scoping 
   LBTC conducted an initial scoping call with two of our specialist consultants, the LPS project team, and LBTC’s Head of Business Development and Programme Leader. This ensured clarity on strategic and technical expectations from the outset. 
    
2. In-person consultancy meetings in Jakarta 
   LBTC’s team travelled to Jakarta for high-level discussions with senior LPS officials. These sessions allowed first-hand understanding of: 

• Organisational challenges LPS faced 
• Policy and legal landscapes influencing operations 
• Capabilities required to strengthen Indonesia’s approach to resolution and financial crime 

3. This engagement ensured the consultancy work reflected the strategic priorities of LPS at the highest level. 

4. Extended diagnostic and comparative research 
   Over several months, LBTC undertook: 

• Detailed review of Indonesian legal and regulatory frameworks 
• Comparative analysis of UK bank resolution mechanisms 
• Review of UK investigative, prosecutorial, and asset recovery structures 
• Mapping of procedural differences and common risks faced by Indonesian and UK authorities 

5. Development of bespoke implementation programmes 
   The consultancy phase culminated in two adjacent programmes delivered in London: 
    
   Programme A: Bank Liquidation and Dispute Resolution: A Comparative Study of the UK and Indonesia (five days) 
   Programme B: Fraud Detection, Asset Tracing and Recovery in the UK Banking System (four days) 
    
   Each programme hosted six participants, including representatives from LPS, the Indonesian National Police, and the Supreme Court of Indonesia.  

The Chairman of LPS, Mr Purbaya Yudhi Sadewa, attended key sessions, emphasising the national importance of the initiative. 
 

Programme Overview 

Programme A: Bank Liquidation and Dispute Resolution 

The programme examined how Indonesia can evolve from a reactive, court-driven model to a proactive, regulatory-led system, using the UK as a benchmark. Over five days, participants explored systemic risk, legal frameworks, institutional roles, and practical case studies, building towards 21 critical policy recommendations. 

Highlights included: 

• Foundations and Systemic Risk: Understanding how the failure of one institution can cascade through the financial system, drawing lessons from historical crises such as the 1997–1998 Asian Financial Crisis and the 2007–2008 Global Financial Crisis 
   
• Comparative Legal Frameworks: Examining the UK Special Resolution Regime, mediation, litigation, and arbitration pathways, alongside Indonesia’s civil law system and Supreme Court oversight 
   
• Institutional Roles: Understanding how commercial courts supervise creditor claims and liquidation processes, and how the Supreme Court interprets financial legislation to ensure compliance with legal and regulatory standards 
   
• Practical Exercises: Crisis simulations and problem-based scenarios allowing participants to apply new tools and approaches in realistic settings 
   
• Policy Recommendations and Implementation: Developing actionable steps for adopting a Special Resolution Regime, including early intervention mechanisms, bridge banks, and bail-in strategies 
   

Programme B: Fraud Detection, Asset Tracing, and Recovery 

The four-day programme focused on financial crime investigation, highlighting UK best practices for detecting, freezing, and recovering assets linked to fraud. Participants explored frameworks, legal instruments, and inter-agency coordination methods, including: 

• Financial Crime Landscape: The scale and impact of financial crimes on trust and economic stability, including high-profile examples like HBOS and the Harrods UWO case 
   
• Legal Frameworks: UK statutes such as POCA 2002, Fraud Act 2006, Bribery Act 2010, Criminal Finances Act 2017, and sanctions frameworks, presented in a way that emphasised applicability rather than technical detail 
   
• Asset Tracing and Recovery: Techniques including forensic accounting, open-source intelligence, digital forensics, and international cooperation via CARIN and MLAT agreements 
   
• Inter-Agency Coordination: The UK model demonstrates clear roles across agencies like the NCA, SFO, CPS, FCA, and HMRC, which informed recommendations for enhancing cross-agency collaboration in Indonesia 
   
• Applied Learning: Mock investigations and simulations to practice tracing, freezing, and recovering assets, illustrating the sequence from investigation to enforcement and restitution 
   
• Recommendations: Structured around three pillars—legal framework enhancements, inter-agency coordination mechanisms, and asset recovery strategies and tools, tailored to the Indonesian context 
   

Strategic Value and Depth 

The dual-programme design reflects LBTC’s ability to address complex, interrelated challenges: 

• Cross-Domain Expertise: Combining banking resolution, dispute management, and financial crime investigation, reflecting LBTC’s capability to integrate operational, legal, and regulatory perspectives 
   
• International Benchmarks: Providing Indonesian senior officials with practical insights into UK systems, while identifying context-specific adaptations 
   
• Applied Learning: Hands-on simulations, case studies, and problem-solving exercises translate strategic concepts into operational readiness 
   
• Senior-Level Engagement: Participants met with senior UK managers during institutional visits, fostering international connections and enabling direct dialogue on operational and policy approaches 
   

Impact 

The consultancy and training programmes delivered a range of strategic and operational benefits: 

• Unified Cross-Agency Understanding: Participants from LPS, the police, and judiciary developed a shared perspective on best practice, strengthening collaboration across institutions 
   
• Stronger Comparative Insight: Exposure to UK systems provided practical direction for Indonesia’s policy evolution, from bank resolution to financial crime prevention and recovery 
   
• Operational Readiness: Simulations and mock exercises allowed participants to apply complex concepts and tools in realistic scenarios 
   
• Strategic Dialogue at Senior Leadership Level: Engagement with the LPS Chairman and UK senior managers elevated discussions to the national policy level 
   
• International Connectivity: Institutional visits allowed Indonesian leaders to meet UK counterparts, fostering cross-border networks and knowledge sharing 
   
• Foundation for Long-Term Partnership: Following the programmes, LPS engaged LBTC for a confidential, large-scale project, demonstrating trust in LBTC’s expertise and reinforcing a sustained advisory relationship 
   
• Demonstration of Consultancy Capability: The project exemplifies LBTC’s ability to deliver highly specialised, technically demanding engagements that extend far beyond conventional training 
   

Next Steps 

LBTC continues to support LPS on the confidential national project initiated following the implementation programmes. Planned collaboration includes: 

• Additional consultancy trips to Jakarta for ongoing diagnostics, stakeholder engagement, and tailored advisory work 
• Continued advisory support on resolution frameworks, asset tracing, and recovery processes 
• Further technical and strategic capability development for LPS and partner institutions 
• Simulation-based workshops to enhance cross-agency coordination and operational readiness 
   

Conclusion 

Through this project, LBTC has showcased the depth and breadth of its consultancy expertise, bridging the gap between strategy, operational design, and applied training. The tailored programmes: 

• Strengthened Indonesia’s capability to prevent and resolve bank failures 
• Equipped law enforcement and judiciary officials to investigate, trace, and recover assets efficiently 
• Built a foundation for ongoing international collaboration and policy development 
   

By combining structured training with strategic consultancy, LBTC has enabled LPS to move towards a more resilient and proactive financial stability framework. This engagement demonstrates how consultancy-led programmes can deliver both immediate operational benefits and long-term strategic impact, forming the basis for enduring partnerships that shape national financial policy and resilience. 

Ready to Strengthen Your Organisation’s Financial Stability Framework? 

Give your teams the strategic insight and practical tools needed to enhance resolution, investigation, and recovery functions. Contact LBTC to discuss how our consultancy support can advance your institution’s resilience and long-term preparedness.