Regulation 11/2019 aims to ensure the improved implementation of prudential principles, specifically by commercial bank, when undertaking any asset securitization activities
Bank Indonesia increased the maximum and minimum thresholds for the target Macro-Prudential Intermediation Ratios (RIM) from 80-92% to 84-94%, giving banks more flexibility in disbursing credits and financing
Banks and other parties engaging in foreign-exchange traffic activities in the form of offshore loans and/or risk participation transactions have to submit three types of reports with specific deadlines
Formulated as a new technical regulation for Regulation of Bank Indonesia No. 21/1/PBI/2019 on Offshore Bank Loans and Other Bank Liabilities in Foreign Currencies, BI's Board of Governors has issued Regulation No. 21/3/PADG/2019, which has been given the exact same title as Regulation 1/2019.
Bank Indonesia recently issued Regulation No. 21/1/PBI/2019 on Offshore Bank Loans and Other Bank Liabilities in Foreign Currencies, which is intended to uphold prudential principles and ultimately to maintain the stability of the macro-economy and financial system.
In a bid to harmonize generally accepted accounting standards with administrative procedures relating to the levying of fines, so that said standards will be brought into line with Regulation of the Government No. 11 of 2014 on Financial Services Authority Levies, the Financial Services Authority has issued Regulation No. 26/POJK.02/2018 on the Second Amendment to the Regulation of the OJK No. 4/POJK.04/2014 on Procedures for the Collection of Administrative Sanctions in the Form of Fines within the Financial Services Sector.
With the ultimate goal of improving the stability of the rupiah, Bank Indonesia has issued Regulation No. 20/13/PBI/2018 on Rupiah Interest Rate Derivative Transactions. Regulation 13/2018 addresses the following matters in relation to derivative transactions which use the rupiah interest rate.
Bank Indonesia has issued Regulation of the Bank Indonesia Board of Governors No. 20/22/PADG/2018 on Loan-to-Value Ratios for Property Loans, Financing-to-Value Ratios for Property Financing and Advanced Payments of Credits and Financing for Motor Vehicles, which sets out further provisions on the implementation of Regulation of BI No. 20/8/PBI/2018.
The Financial Services Authority has issued Regulation No. 14/POJK.03/2018 on the Assessment of Commercial Bank Asset Quality in Order to Boost Housing Sector Growth and Increase Foreign Exchange in a bid to increase development within the housing sector, as well as to increase foreign exchange.
Bank Indonesia has just issued Regulation of the Members of Board of Governors No. 20/12/PADG/2018 on Implementing Guidelines for the Carriage of Foreign Banknotes into and out of Indonesian Customs Territories. Regulation 12/2018 serves as an implementation of Regulation of BI No. 19/7/PBI/2017 on the Carriage of Foreign Banknotes into and out of Indonesian Customs Territories, as amended by Regulation of BI No. 20/2/PBI/2018.