Regulator 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, 2018The digital currency’s value will be based on the existing currency system, backed by “real assets” and will take into account the inflation rate.
January 31, 2018Centralising counterparty risk at a clearinghouse will make derivative products offered by Indonesian financial institutions more competitive.
January 3, 2018Indonesian financial regulator will take over arranging, developing and managing credit information systems from central bank.
January 2, 2018Deal involving multiple regional banks, which takes effect on 2 January, will enable wider use of domestic currencies in financial investment.
December 13, 2017Indonesian central bank says ‘financial innovation’ requires pre-approval; State Bank of Vietnam to pass law outlawing virtual currencies next year.
October 30, 2017Bank Indonesia says new technological developments and innovations have increased risks of money laundering via payment and forex systems.
September 14, 2017Banks must detail purposes of outbound transfers of more than $100,000.
November 2, 2016