SEARCH

Search result with “Indonesia Bank Regulations” as a keyword founded 69 news.

Banks Face Stricter Obligations Under OJK's New Bank Secrecy Rules

... law enforcement officers requesting bank secrecy information and banking institutions ... agreements with reciprocal terms. Bank Indonesia’s tasks in monetary policy ... . Repeal of Previous Regulations The regulation repeals Bank Indonesia Regulation No. 2 ...
Business Feb 4, 2025 | 2:02 pm

Southeast Asia Looks to Nuclear Power to Supercharge Its Energy Transition

... skies and boost capacity. Indonesia plans 20 nuclear power plants ... limited, though. The World Bank does not fund any nuclear ... supply reliability," a World Bank spokesperson said in a recent ... robust nuclear energy policies and regulations, now lacking in many ...
Business Feb 3, 2025 | 10:45 am

New BI Instruments Aim to Optimize Export Proceeds from Natural Resources

... two new instruments: Bank Indonesia Foreign Exchange Securities and Bank Indonesia Foreign Exchange Sukuk ... to $90 billion. The technical regulations for this policy will be ... 20 percent. Under the new regulations, exporters storing their DHE SDA ...
Business Jan 22, 2025 | 1:17 pm

Airlangga Hartarto Announces 100% Export Proceeds Deposit Requirement for Natural Resources

... . The government has updated the regulations regarding Export Proceeds from Natural ... , and coordination will occur with Bank Indonesia, the Financial Services Authority, and ... foreign exchange reserves, further strengthening Indonesia’s economy. The policy, as ...
Special Updates Jan 22, 2025 | 9:38 am

Indonesia to Require Commodity Exporters to Keep All Dollar Revenues in Local Banks

... favorable tax and dividend payment regulations,” Airlangga explained during a ... regulation, which incorporates input from Bank Indonesia, the Financial Services Authority (OJK ... billion or more. Under existing regulations, natural commodity exporters are ...
Business Jan 21, 2025 | 6:31 pm

PDS Director Urges Indonesia to Follow Philippines’ Lead in Tackling Migrant Worker Trafficking

... highlighted the importance of strict regulations to combat human trafficking, ... illegally. He suggested that Indonesia adopt a regulatory framework ... submit a one-year bank statement, aiming to prevent ... Maxixe said with these regulations in place, authorities at ...
News Jan 18, 2025 | 12:01 pm

Indonesia Told to Urge BRICS to Let New Members Access NDB Loans

... its own multilateral development bank NDB. This lender has ... CSIS, told reporters that Indonesia should consider pursuing regulatory ... its [financing] facilities and regulations. So its funding mainly ... equivalent for China’s Bank of Communications Financial ...
Business Jan 13, 2025 | 2:09 pm

Indonesia Shifts Crypto Oversight to OJK Under New Regulation

... financial assets, including cryptocurrencies, while Bank Indonesia (BI) assumes responsibility for money ... must now comply with OJK regulations. Digital asset infrastructure is also ... Najib Qodratullah, a member of Indonesia’s House of Representatives Commission ...
Business Jan 10, 2025 | 4:51 pm

Lawmaker Welcomes OJK’s Oversight Role in Crypto Asset Trading

... for harmonization among regulations issued by OJK, Bappebti, and Bank Indonesia. “It takes ... serious efforts to prevent these regulations from overlapping ... The Crypto Asset Market in Indonesia Indonesia's crypto asset market has ...
Business Jan 9, 2025 | 7:14 pm

Government Races to Finalize Crypto Oversight Transfer to OJK Ahead of Deadline

... of Indonesia’s crypto industry. “While OJK oversight may bring stricter regulations ... direct transactions under OJK and Bank Indonesia’s supervision. Crypto exchange Bittime ... said the OJK’s new regulations showed continuity with Bappebti’s ...
Business Jan 2, 2025 | 10:33 am

Uncertainty Hits Crypto Industry Amid Bappebti-OJK Transfer

... the absence of regulations on its supervising body. Indonesia is still waiting ... transition team -- comprising the OJK, Bank Indonesia, and Bappebti -- cannot be formed ... system supervised by OJK and Bank Indonesia, thus eventually replacing traders. Roles ...
Business Dec 30, 2024 | 2:17 pm

OJK Takes Over Crypto Asset Supervisory Role from Bappebti

... authority over crypto assets in Indonesia, a role currently held ... been issued. Typically, such regulations are based on existing ... to adopt existing Bappebti regulations while incorporating enhancements to ... OJK and the central bank to establish a transition ...
Business Dec 29, 2024 | 8:56 pm

KPK Raids OJK's Office Over Alleged CSR Fund Corruption

... to alleged corruption in Bank Indonesia’s corporate social responsibility ... unauthorized individuals. On Wednesday, Bank Indonesia Governor Perry Warjiyo expressed full ... Bank Indonesia’s CSR programs are implemented in accordance with existing regulations ...
News Dec 20, 2024 | 6:11 pm

KPK Says No Suspect Yet in Graft Probe into Bank Indonesia CSR Program 

... investigation into alleged corruption in Bank Indonesia’s corporate social responsibility ... disbursement of scholarship funds under Bank Indonesia’s CSR initiatives. However ... Bank Indonesia’s CSR programs are implemented in accordance with existing regulations ...
News Dec 19, 2024 | 11:02 pm

Central Bank Governor Vows to Support KPK’s Investigation into Alleged CSR Corruption

... disbursement of scholarship funds under Bank Indonesia’s CSR initiatives. While ... directed to unauthorized individuals. "Bank Indonesia respects the ongoing legal process ... Bank Indonesia’s CSR programs are implemented in accordance with existing regulations ...
News Dec 18, 2024 | 11:31 pm

BNI Focuses on Cybersecurity as Indonesia's Digital Economy Grows

... SEVP Victor Korompis told the bank's 2024 Wholesale Digital Workshop ... key pillar in Indonesia's economic growth. The bank has also launched ... the regulations related to cybersecurity, according to Bayu. Data shows that Indonesia ...
Special Updates Dec 18, 2024 | 10:17 am

Indonesia's Carbon Trading Market Shows Potential but Falls Short of Full Value

... Environment Minister, reminded that Indonesia must fully utilize the potential ... funds from the World Bank. The funds were obtained ... Change Council, and enacted regulations related to climate change ... agreement with the World Bank and will be distributed ...
News Dec 13, 2024 | 3:01 pm

JCI Struggles as Foreign Investors Pull Funds, US Stocks Hit Record Highs

... its research. Despite the challenges, Indonesia’s macroeconomic fundamentals showed improvement ... $140.2 billion in June. Bank Indonesia maintained its benchmark interest rate ... US will introduce crypto-friendly regulations under the new administration. The ...
Business Nov 23, 2024 | 11:10 am

Anies Baswedan Supports Long-Time Friend Tom Lembong Amid Allegations of Corruption

... public first and advocated for Indonesia’s struggling middle class," Anies ... a private company, contrary to regulations allowing only state-owned enterprises ... ” address at the IMF-World Bank Annual Meetings in Bali, and ...
News Oct 30, 2024 | 3:38 pm

Pegadaian Wins 2024 In-House Counsel Award

... in-house counsel non-bank financial industry category. The ... by Hukumonline and the Indonesia In-House Counsel Association ... supporting legal compliance with Indonesia’s existing regulations. This also aligns ... that we can help Indonesia achieve its golden era ...
Special Updates Oct 25, 2024 | 5:13 pm
COPYRIGHT © 2025 JAKARTA GLOBE. ALL RIGHTS RESERVED