All posts tagged "Bank Indonesia"
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1.0KAsia-PacificPayments Connectivity Sees Continued Progress in ASEAN
Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
April 10, 2019 -
1.8KAsia-Pacific
ASEAN Pushes for Cross-Border Settlement in Local Currencies
ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility.
April 8, 2019 -
1.3KAsia-PacificIndonesia Discontinues JIBOR In Favour of Market-based Indonia
Indonesia’s central bank has announced a new market-based overnight rate to replace its current interbank offer rate to boost reliability of the rates and policy transmission.
August 9, 2018 -
672Asia-PacificIndonesia to Release New Fintech Rules in August
Fintech firms will be required to register with the OJK and periodically submit financial reports; new rules will cover P2P lending, insurance technology and equity crowdfunding.
July 18, 2018 -
673Asia-PacificIndonesia Recognises Cryptocurrencies As Commodities
Commodities regulator reportedly introducing futures trading in crypto even as Indonesia’s financial services regulator continues to bar financial firms from trading in any crypto-based instruments.
June 7, 2018 -
543Asia-PacificIndonesia to Limit Cash Transactions to Curb Corruption
Proposed bill will limit cash payments by corporations and individuals to a maximum of IDR100 million, or USD7,200.
April 22, 2018 -
537Asia-Pacific
Indonesia to Boost Bank Lending Through “Flexible” Credit, Liquidity Rules
New rules reduce reserve requirements, simplify foreign currency deposit rules and allow banks to use their liquidity buffers to raise funding in repo transactions.
April 9, 2018 -
1.0KAsia-Pacific
Indonesian D-SIBs Ordered to Boost Capital
Regulator has imposed a Tier 1 capital surcharge between 1 and 3.5 percent on the country’s systemically important banks.
March 29, 2018 -
749AML / KYCIndonesian Banks Start AEOI Registration to Report Customer Data
Indonesian banks, regulators and financial infrastructure firms invited to register with the tax office under AEOI norms.
February 22, 2018 -
582Asia-Pacific
Indonesia Faces Resistance on Asean Banking Protocol
Indonesian parliamentary commission appear unsure about Indonesian Banks’ ability to compete with foreign banks.
February 8, 2018
