Indonesia

Payments & Settlements

Japan, Indonesia Agree to Local Currency Settlement for Trade, Investment

By Editors | 06/12/2019

Japan and Indonesia have agreed on a local currency settlement deal that will allow the use of the yen and rupiah to settle bilateral trade and direct investment transactions.

Structural Regulation

Philippine Bourse Proposes Tightening of Delisting Rules

By Editors | 06/12/2019

Under the proposed rules, a voluntary delisting must be approved by all independent directors and by stockholders owning at least 75 percent of the total outstanding listed shares.

Clearing & Post-Trade

Indonesia Announces Rules for the Establishment of CCPs

By Editors | 04/10/2019

The new rules from Bank Indonesia will take effect from June 2020, but the first CCPs for derivatives markets are unlikely to be operational until 2023.

Payments & Settlements

Singapore, Indonesia to Launch Cross Border QR Payments

By Editors | 27/06/2019

Singapore’s Liquid Group and Indonesia’s CIMB Niaga have established a partnership to accelerate adoption of cross border QR payments.

Payments & Settlements

Indonesia Unveils Payment System Roadmap, Launches QR Code System

By Editors | 29/05/2019

Bank Indonesia’s roadmap for the payments system includes plans for open banking, real-time retail payments and a digital ID system.

Clearing & Post-Trade

China, Indonesia, India Slow to Finalise Close-Out Netting Reforms

By Garima Chitkara | 24/04/2019

In its April quarterly round-up, ISDA detailed efforts in the three jurisdictions to ensure legal certainty on close-out netting, seen to be a critical issue for derivatives market development.

Payments & Settlements

Payments Connectivity Sees Continued Progress in ASEAN

By Editors | 10/04/2019

Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.

Payments & Settlements

ASEAN Pushes for Cross-Border Settlement in Local Currencies

By Editors | 08/04/2019

ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility.

Trading & Investment

Indonesia Simplifies Stock Account Opening Process

By Editors | 01/04/2019

A new simplification programme for opening stock accounts in Indonesia should cut processing times to as little as 30 minutes, from about two weeks previously.