Indonesia

Securities / Derivatives

ASEAN Exchanges to Identify Common ESG Metrics

By Pongnut Thanaboonchai | 26/09/2021

Seven ASEAN exchanges have formed a new ESG working group to start work towards a ‘common sustainability programme’.

Market Infrastructure

China, Indonesia Launches Local Currency Settlement Framework

By Sanday Chongo Kabange | 08/09/2021

Bank Indonesia has also recently expanded its local currency settlement frameworks with Japan, Malaysia and Thailand.

Capital / Liquidity

Bank Indonesia Raises Mandatory MSME Lending Thresholds

By Pongnut Thanaboonchai | 07/09/2021

The mandatory minimum MSME lending requirements will be increased in phases. Lenders that fail to meet the thresholds will face a maximum penalty of IDR 5 billion.

Market Infrastructure

Bank Indonesia Issues Framework for Open Banking

By Sanday Chongo Kabange | 26/08/2021

Under the framework, 16 banks and payment service providers will be required to adopt open API systems by June 2022.

Fintech / Regtech

Thailand, Indonesia Pilot Cross-border QR Payment Link

By Manesh Samtani | 17/08/2021

The full commercial launch will take place in Q1 2022. Indonesia has separately also launched a national open API payment standard.

Securities / Derivatives

Indonesia Launches First Electronic Market for Rupiah Trading

By Ranamita Chakraborty | 11/07/2021

The launch of Refinitiv’s Matching trading system is expected to increase liquidity, efficiency and price transparency.

AML / KYC

Indonesia, Brunei to Cooperate on AML/CTF in Payments

By Editors | 03/07/2021

The MoU aims to strengthen policy cooperation on AML/CTF in payments. Indonesia is seeking to become a member of the FATF.

Securities / Derivatives

SEC Thailand Revises Guidelines on Depositary Receipts

By Sanday Chongo Kabange | 24/06/2021

The revisions seek to facilitate the introduction of more depositary receipt products in the Thai capital market.

Crypto / Digital Assets

Bank Indonesia Explores CBDC as Legal Payment Instrument

By Editors | 26/05/2021

The central bank is assessing which platform and technology it will use to issue a digital rupiah as a legal digital payment instrument in Indonesia.