Ada Pertanyaan? Hubungi Kami 
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Ada Pertanyaan? Hubungi Kami Christina Desy, Fathan Qorib
Ever since the Bank Centuryscandal, the Deposit Insurance Corporation (Lembaga Penjamin Simpanan – “LPS”) has been emphasizing the importance of establishing a legal framework for a Financial System Safety Net (Jaring Pengaman Sistem Keuangan – “JPSK”). The purpose of doing so is to have in place the necessary mechanisms for preventing and dealing with a financial crisis, including the management of collapsed banks with systematic impacts.Previously JPSK was regulated under a legal instrument at the level of a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang – Perpu). Issued in 2008, it was previously proposed that this Perpube enacted as a law. Unfortunately, the House of Representatives (“House”) rejected this proposal and the regulation was then repealed.
Since then, the LPS has relentlessly continued its efforts to address the urgent need to have a draft bill on JPSK and finally at the end of 2014 was informed that the government has agreed to put JPSK on the top-priority list in the latest draft oftheNational Legislation Program (Program Legislasi Nasional – Prolegnas).
With this recent development, LPS is now busy intensively preparing the draft bill with the Ministry of Finance, the Financial Services Authority (Otoritas Jasa Keuangan - OJK), Bank Indonesia, and the Coordination Forum for Financial System Stability (Forum Stabilitas Sistem Keuangan - FKSSK).
“The draft bill is expected to be submitted in the first quarter of 2015 so the House can discuss it immediately,” said Kartika Wirjoatmodjo, Executive Head of LPS.
In response to these current activities, Muhammad Misbakhun, a member of Commission XI of the House, indicated that the House only discusses draft bills with the government. On this matter, discussions will be conducted between the House and the Minister of Finance, not LPS. Mr. Misbakhun added, however, that LPS may discuss the draft bill with the Minister before the draft is passed to the House.
(hot/kc)
Christina Desy, Fathan Qorib
Ever since the Bank Centuryscandal, the Deposit Insurance Corporation (Lembaga Penjamin Simpanan – “LPS”) has been emphasizing the importance of establishing a legal framework for a Financial System Safety Net (Jaring Pengaman Sistem Keuangan – “JPSK”). The purpose of doing so is to have in place the necessary mechanisms for preventing and dealing with a financial crisis, including the management of collapsed banks with systematic impacts.Previously JPSK was regulated under a legal instrument at the level of a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang – Perpu). Issued in 2008, it was previously proposed that this Perpube enacted as a law. Unfortunately, the House of Representatives (“House”) rejected this proposal and the regulation was then repealed.
Since then, the LPS has relentlessly continued its efforts to address the urgent need to have a draft bill on JPSK and finally at the end of 2014 was informed that the government has agreed to put JPSK on the top-priority list in the latest draft oftheNational Legislation Program (Program Legislasi Nasional – Prolegnas).
With this recent development, LPS is now busy intensively preparing the draft bill with the Ministry of Finance, the Financial Services Authority (Otoritas Jasa Keuangan - OJK), Bank Indonesia, and the Coordination Forum for Financial System Stability (Forum Stabilitas Sistem Keuangan - FKSSK).
“The draft bill is expected to be submitted in the first quarter of 2015 so the House can discuss it immediately,” said Kartika Wirjoatmodjo, Executive Head of LPS.
In response to these current activities, Muhammad Misbakhun, a member of Commission XI of the House, indicated that the House only discusses draft bills with the government. On this matter, discussions will be conducted between the House and the Minister of Finance, not LPS. Mr. Misbakhun added, however, that LPS may discuss the draft bill with the Minister before the draft is passed to the House.
(hot/kc)