Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
April 10, 2019ASEAN 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, 2019Indonesia’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, 2018Fintech 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, 2018Commodities 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, 2018Proposed bill will limit cash payments by corporations and individuals to a maximum of IDR100 million, or USD7,200.
April 22, 2018New 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, 2018Regulator has imposed a Tier 1 capital surcharge between 1 and 3.5 percent on the country’s systemically important banks.
March 29, 2018Indonesian banks, regulators and financial infrastructure firms invited to register with the tax office under AEOI norms.
February 22, 2018Indonesian parliamentary commission appear unsure about Indonesian Banks’ ability to compete with foreign banks.
February 8, 2018