| Issue Number : 5027

LPS Officially Expands List of Available Banks for BPR and BPRS Premium Payments: More Flexibility for Improved Compliance

Pursuant to Regulation of the Deposit Insurance Corporation (Lembaga Penjamin Simpanan – “LPS”) No. 1 of 2020 (“Regulation 1/2020”) and Regulation of the LPS No. 1 of 2023 (“Regulation 1/2023”),[1] conventional and sharia commercial banks, sharia business units, as well as conventional and sharia rural banks (collectively referred to as “Banks”) are mandated to settle the applicable deposit premiums (“Premiums”) with the LPS.[2]

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Pursuant to Regulation of the Deposit Insurance Corporation (Lembaga Penjamin Simpanan – “LPS”) No. 1 of 2020 (“Regulation 1/2020”) and Regulation of the LPS No. 1 of 2023 (“Regulation 1/2023”),[1] conventional and sharia commercial banks, sharia business units, as well as conventional and sharia rural banks (collectively referred to as “Banks”) are mandated to settle the applicable deposit premiums (“Premiums”) with the LPS.[2]

......

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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