KPEI Issues Technical Guidelines for the Implementation of Bilateral Securities Lending and Borrowing

In an effort to implement provisions originally set out under Regulation of PT Kliring Penjaminan Efek Indonesia (“KPEI”) No. XII on Bilateral Securities Lending and Borrowing (Pinjam Meminjam Efek – “PME”), which is an Appendix to Decree of the Board of Directors of KPEI No. Kep-026/DIR/KPEI/1122, the Board of Directors of KPEI has issued Circular No. SE-005/DIR/KPEI/0523 of 2023 on Technical Guidelines for the Implementation of Bilateral PME (“Circular 5/2023”),[1] which is summarized in this edition of Indonesian Legal Brief through an analysis of the following specific topics: