Temporary Deposit of Commercial Papers at Bank Indonesia

Pirhot Nababan

Bank Indonesia has issued Regulation No. 14/13/PBI/2012 on Temporary Safe Deposit of Important Documents and Valuables at Bank Indonesia (“2012 Regulation”),  which aims to accommodate the duties and responsibilities of the government and the judiciary.

Prior to the 2012 Regulation, matters regardingtemporary deposits of commercial papers were regulated under Bank Indonesia Regulation No. 7/16/PBI/2005 on Safe Deposit of Securities, Important Documents, and Valuables at Bank Indonesia (“2005 Regulation”).