Bank Indonesia (“BI”) recently issued Regulation No. 21/1/PBI/2019 on Offshore Bank Loans and Other Bank Liabilities in Foreign Currencies (“Regulation 1/2019”), which is intended to uphold prudential principles and ultimately to maintain the stability of the macro-economy and financial systems.[1]
Bank Indonesia (“BI”) recently issued Regulation No. 21/1/PBI/2019 on Offshore Bank Loans and Other Bank Liabilities in Foreign Currencies (“Regulation 1/2019”), which is intended to uphold prudential principles and ultimately to maintain the stability of the macro-economy and financial systems.[1]
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