Indonesia

Payments & Settlements

Malaysia, Indonesia Launch Cross-border QR Payments Linkage

By Editors | 27/01/2022

The linkage will eventually be expanded to support real-time cross-border fund transfers. The 2nd phase of Malaysia’s QR payment linkage with Thailand has also gone live.

Payments & Settlements

Singapore, Indonesia to Deepen Cooperation on Payments, AML

By Editors | 22/01/2022

MAS and Bank Indonesia will deepen cooperation on payments innovation, monetary policy, macroprudential policy, financial stability, and AML/CFT.

Reporting & Disclosures

OJK Indonesia Launches Green Taxonomy, Sets Policy Priorities

By Manesh Samtani | 21/01/2022

OJK says the taxonomy will enable the financial sector to classify green activities within their portfolios, facilitate monitoring of credit and investment flows into the green sector, and prevent greenwashing.

Clearing & Post-Trade

Indonesia: OJK Outlines Capital Market Priorities for 2022

By Mark Johnston | 11/01/2022

OJK will work on developing a carbon exchange at IDX, new derivative instruments, and central clearing infrastructure.

Structural Regulation

Indonesian Bourse Relaxes Listing Rules to Draw in Tech IPOs

By Editors | 28/12/2021

The relaxed rules allow firms to fulfil other qualifications in lieu of the existing net tangible assets requirements for listing.

Structural Regulation

Indonesian Regulators Publish LIBOR Transition Guide

By Editors | 28/12/2021

The guide recommends five steps for market participants with LIBOR exposures, to help them respond to and prepare for the transition.

Payments & Settlements

Bank Indonesia Launches New Fast Payments System, BI-Fast

By Sanday Chongo Kabange | 24/12/2021

BI-Fast lowers the interbank transfer fee, set at IDR 2,500 (USD 0.18) per transaction, down from the usual IDR 6,500 fee for interbank transfers. 21 banks have so far enrolled on BI-Fast.

Structural Regulation

Indonesia OJK Introduces Dual Class Shares for Tech IPOs

By Sanday Chongo Kabange | 15/12/2021

The 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.

Structural Regulation

Indonesia Forms National Working Group on Benchmark Reform

By Editors | 29/11/2021

The working group will provide information and education to market players and recommendations on alternative benchmark rates.