| Issue Number : 4974

BI Officially Introduces Smart Contracts for Foreign Exchange Markets: Consultations Available Apply Now!

In an effort to further promote a modern and advanced foreign exchange market following the issuance of Regulation of Bank Indonesia (“BI”) No. 6 of 2024 on Money Markets and Foreign Exchange Markets,[1] the BI Board of Governors has decided to issue Regulation No. 11 of 2024 on Foreign Exchange Market Transactions (“Regulation 11/2024”).[2] Upon entering into force on 30 September 2024,[3] Regulation 11/2024 simultaneously repealed and replaced the following regulatory frameworks:[4]

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In an effort to further promote a modern and advanced foreign exchange market following the issuance of Regulation of Bank Indonesia (“BI”) No. 6 of 2024 on Money Markets and Foreign Exchange Markets,[1] the BI Board of Governors has decided to issue Regulation No. 11 of 2024 on Foreign Exchange Market Transactions (“Regulation 11/2024”).[2] Upon entering into force on 30 September 2024,[3] Regulation 11/2024 simultaneously repealed and replaced the following regulatory frameworks:[4]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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