All posts tagged "OJK"
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1.3KAsia-PacificIndonesia Halts Fintech Registrations Amid Lack of Supervisory Capacity
The OJK has temporarily halted new registrations from fintech firms to dedicate its supervisory resources on ensuring the quality of existing firms.
March 2, 2020 -
380Asia-Pacific
Indonesia to Raise Core Capital Requirement for Banks – Report
The OJK wants all lenders to have a minimum core capital of 3tr rupiah by 2022. About half of Indonesian banks will be affected.
January 21, 2020 -
415Asia-PacificIndonesia Integrates Nine Bank Reports into Single Mechanism
The integration aims to minimise redundant and inconsistent information, while simultaneously improving bank operational efficiency and the quality of reported data.
December 20, 2019 -
1.2KAsia-PacificASEAN Regulators Are Shoring Up Climate Safeguards: WWF
In a new report, WWF Singapore says ASEAN financial regulators and banking associations are increasing their expectations on banks to assess and mitigate climate and environmental risk.
December 10, 2019 -
748Asia-PacificChina, Indonesia Lead Emerging Markets in Sustainable Banking
China and Indonesia have demonstrated pioneering policy actions and regulatory initiatives, resulting in changing practices at financial institutions, the Sustainable Banking Network says.
October 14, 2019 -
471Asia-Pacific
Indonesia to Ease Rules on Bank Mergers, Including for Foreign FIs
The rules currently require acquiring banks to merge all their local operations into a single entity, but this has proved unpopular among foreign lenders seeking to expand Indonesia operations.
August 6, 2019 -
563AML / KYCIndonesia Simplifies Stock Account Opening Process
A new simplification programme for opening stock accounts in Indonesia should cut processing times to as little as 30 minutes, from about two weeks previously.
April 1, 2019 -
821Asia-Pacific
Indonesia Unveils New Rules to Boost Capital Market Activity
Indonesia’s stock exchange plans to encourage retail investment in the stock market by lowering the minimum price floor and order lot size, among other measures.
February 26, 2019 -
613Asia-Pacific
Indonesia Moves to T+2 Stock Settlement
Indonesia becomes the second Southeast Asian country to implement T+2 settlement, in a move that is expected to improve liquidity, reduce settlement risk and boost foreign participation.
November 27, 2018 -
965Asia-Pacific
Singapore, Indonesia Agree to Cooperate on Fintech
The MOU will facilitate information sharing, promote joint innovation projects and establish a framework to help fintech firms better understand each market.
October 15, 2018
