Indonesia

Emerging Prudential Risks

Bank Indonesia Cuts Rates, Pledges More Bond-Buying

By Editors | 22/06/2020

Bank Indonesia abandoned the practice of quantitative easing in 1999 to ensure fiscal discipline in the aftermath of the Asian financial crisis.

Liquidity Risk

Bank Indonesia Cuts RRR, Prepares to Buy Govt Bonds

By Editors | 18/04/2020

The measures include a 200bp RRR cut for banks and a 50bp cut for Islamic banks. The central bank may also start buying government bonds in the primary market in two weeks.

Structural Regulation

Indonesia Has Adopted Measures to Implement PFMI: CPMI-IOSCO

By Editors | 09/04/2020

Since the 2019 update, Indonesia and Saudi Arabia have finished adopting measures that will enable them to implement the PFMIs for all financial market infrastructure types.

Market Data & Technology

Bursa Malaysia Implements ISO 20022 for Corporate Announcements

By Editors | 01/04/2020

The messaging standard will transform the corporate announcements flow in Malaysia, favour interoperability with other marketplaces, and foster innovation.

Credit Risk

OJK Indonesia to Extend Payment Deadlines for MSME Loans

By Editors | 25/03/2020

OJK will extend loan payment deadlines for MSMEs by up to one year and prohibit the use of debt collection services, while Bank Indonesia asks banks to lower lending rates.

Credit Risk

Bank Indonesia Cuts Rates Again, OJK Demands Leniency for Borrowers

By Editors | 22/03/2020

Banks have also been told not to use debt collectors during the Covid-19 pandemic, and to instead help customers by restructuring existing debt and granting new subsidised loans.

Trading & Investment

Indonesia Triggers Circuit Breaker, Suspends Pre-Opening Session

By Editors | 12/03/2020

IDX halted trading to end Thursday, just a day after tightening the circuit breaker mechanism. The pre-opening session is suspended until further notice.

Trading & Investment

Indonesia Halts Short Selling, Cuts Reserve Requirements

By Editors | 03/03/2020

Short selling was halted to stop panic selling after the first two cases of Covid-19 were detected in the country. Separately, the central bank has introduced 5 new policy measures.

Payments & Settlements

Philippines, Indonesia Sign MOU on Payments, Digital Innovation

By Editors | 04/02/2020

The MOU aims to provide a framework for closer cooperation between the Philippine and Indonesian central banks to achieve enhance their payment systems and promote digital financial innovation.