Indonesia

Structural Regulation

Indonesia Publishes New Guidelines for Using IndONIA

By Editors | 04/10/2022

The guide covers the use of IndONIA in business credit, consumer credit, trade finance, and derivative products, as well as rupiah FRNs.

Payments & Settlements

Indonesia, Singapore Commence Work on QR Payment Link

By Manesh Samtani | 29/08/2022

Bank Indonesia also launched the “international QRIS”, initially connecting to Thailand’s payment system, and have a retail CBDC in the works.

Payments & Settlements

Five ASEAN Central Banks to Link Payment Systems

By Editors | 21/07/2022

The central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand will formally sign an agreement on payment connectivity in November.

Payments & Settlements

India, Indonesia to Work Towards Establishing Payment Linkages

By Editors | 20/07/2022

The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.

Liquidity Risk

BIS Launches Yuan Liquidity Facility for Central Banks

By Editors | 28/06/2022

Central banks from China, Hong Kong, Singapore, Malaysia, Indonesia and Chile are creating a reserve pool to guard against market stresses.

CBDCs

BIS, Bank Indonesia Invite Firms to Solve CBDC Challenges

By Editors | 26/04/2022

Firms are invited to develop new solutions for issuing and distributing CBDCs, improve interoperability and advance financial inclusion.

Trading & Investment

Indonesia Stock Exchange to Allow Structured Warrant Listings

By Editors | 13/04/2022

New regulations allow exchange members to issue structured warrants for listing and trading on the IDX. Structured warrants must have a liquidity provider.

Cryptocurrency

Indonesia to Start Taxing Crypto Investments, Fintech Services in May

By Editors | 10/04/2022

Indonesia will charge a capital gains tax and VAT on crypto transactions, as well as interest and fees generated from fintech services, starting on 1 May 2022.

Trading & Investment

Indonesia Designates IndONIA as Overnight Rupiah Benchmark

By Editors | 03/04/2022

Regulators are calling on market participants to increase the use of IndONIA as an interest rate benchmark in rupiah financial products and instruments.