| Issue Number : 728

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| Issue Number : 709

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| Issue Number : 695

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| Issue Number : 676

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| Issue Number : 670

The previous regulatory framework for the withdrawal of damaged currency from circulation was considered to be no longer suitable for the current conditions and has been amended to allow for improved services in relation to the exchange of damaged currency for currency that is still suitable for circulation.

| Issue Number : 656

The recognition albeit somewhat slow in coming that criminals are becoming increasingly sophisticated and technologically savvy giving them greater ability to take advantage of an under prepared system has spurred Bank Indonesia (BI) to develop a Draft Bill on Fund Transfers. The other primary concern noted in the Draft Bill is the lack of clarity in the transfer systems that have in the past resulted in many banks suffering severe liquidity problems as a result of fictive or poorly configured fund transfer transactions. In search of an initiator for the Draft Bill BI has turned to the Department of Law and Human Rights (Departemen Hukum dan Hak Asasi Manusia / Dephukham) to initiate the Bill into the parliamentary process.

| Issue Number : 632

The Government is ratcheting up it efforts to ensure that all Indonesian's have access to at least basic housing. It is expected that the flow-on effects are considerable from the provision of better basic housing and include better compliance with spatial and city planning ordinances and facilitating increases in effective and productive human resources. Nevertheless, the policy is not simply one of throwing money at low and medium income earners but rather it is one of providing the framework for low and medium income earners to improve their own lot through housing facilities and subsidies.

| Issue Number : 609

Bank Indonesia (BI) has recently confirmed Regulation No. 9 of 2007 (Peraturan BI No. 9/8/PBI/2007) on the Exploitation of Foreign Workers and Transfer of Knowledge in the Banking Sector. The Regulation clearly highlights that with the increasing involvement of foreign investors in the local banking community there will be an equivalent increase in the amount of foreign workers employed by banks in Indonesia. The question that arises is how to best exploit this expert knowledge to the advantage of the banks themselves and the direct counterparts to the foreign employee.

| Issue Number : 594

The judicial review of Law No. 23 of 1999 as amended by Law No. 3 of 2004 has been rejected by the Constitutional Court (Mahkamah Konstitusi / MK) on the grounds that the applicant does not have the requisite legal standing to bring the judicial review. The applicant, the 100 Million Young Generation Life Project Cooperative (Koperasi Proyek Ruang Hidup 100 Juta Generasi Muda / RH - 100 - GM), was seeking to have the MK determine whether or not the Articles relating to the obligation on the Government to cover capital shortfalls of Bank Indonesia (BI) (Art. 11(4)) and (Art. 62(3)), the independence of BI (Art. 4(1) and (2)), legal tender (Art. 77A), and the status of BI as the central bank (Art. 4(1)) complied with the 1945 Constitution.

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