The article discusses how important it is to regulate the banking system to prevent financial crises. The researchers focus on the macroprudential regulation, which aims to keep the financial system stable and prevent chain reactions of problems. They highlight the improvements made in banking regulations, especially with the Basel III Accord, which sets requirements for banks to have enough capital and liquidity to withstand economic ups and downs. The researchers emphasize the need to monitor the implementation of these regulations to ensure the banking system remains strong.