The guide recommends five steps for market participants with LIBOR exposures, to help them respond to and prepare for the transition.
December 28, 2021The move is aimed at incentivising domestic tech firms to list on the IDX to deepen the capital market and make it more attractive to investors.
December 15, 2021Indonesia’s OJK has launched a five year development roadmap for the country's rural banks and Sharia rural banks.
December 6, 2021The working group will provide information and education to market players and recommendations on alternative benchmark rates.
November 29, 2021Central banks will cooperate on cross-border payments, fintech, and AML. Financial services regulators will cooperate on developing the Islamic finance industry.
November 12, 2021OJK says banks need to prioritise digital transformation to improve their competitiveness and ensure the overall resilience of the banking sector.
November 3, 2021The task force comprises 47 financial institutions including banks, securities firms, insurers, pension funds and financiers.
October 11, 2021Banks are still required to ensure adequate risk management procedures are in place and that only debtors who are eligible are given the option to restructure their debt.
September 8, 2021Digital banks should have a minimum paid-up capital of IDR 10 trillion (USD 694 million). However, the capital deposit required at the time of application is IDR 3 trillion.
August 23, 2021The launch will mean Japan's LINE will be offering digital banking services in three of its biggest overseas markets, namely Indonesia, Thailand and Taiwan.
June 4, 2021