Indonesia

Clearing & Post-Trade

Indonesia Moves to T+2 Stock Settlement

By Editors | 27/11/2018

Indonesia becomes the second Southeast Asian country to implement T+2 settlement, in a move that is expected to improve liquidity, reduce settlement risk and boost foreign participation.

Payments & Settlements

Indonesia Discontinues JIBOR In Favour of Market-based Indonia

By Garima Chitkara | 09/08/2018

Indonesia’s central bank has announced a new market-based overnight rate to replace its current interbank offer rate to boost reliability of the rates and policy transmission.

Anti-Money Laundering

Philippines, Indonesia to Cooperate on AML/CFT

By Editors | 06/08/2018

The governors of BSP and BI signed an MoU to cooperate on AML and CFT for payment and settlement systems, focusing on policy dialogue, information exchange and capacity building.

Structural Regulation

Indonesia to Release New Fintech Rules in August

By Garima Chitkara | 18/07/2018

Fintech firms will be required to register with the OJK and periodically submit financial reports; new rules will cover P2P lending, insurance technology and equity crowdfunding.

Cryptocurrency

Indonesia Recognises Cryptocurrencies As Commodities

By Garima Chitkara | 07/06/2018

Commodities regulator reportedly introducing futures trading in crypto even as Indonesia’s financial services regulator continues to bar financial firms from trading in any crypto-based instruments.

Anti-Bribery & Corruption

Indonesia to Limit Cash Transactions to Curb Corruption

By Editors | 22/04/2018

Proposed bill will limit cash payments by corporations and individuals to a maximum of IDR100 million, or USD7,200.

Liquidity Risk

Indonesia to Boost Bank Lending Through “Flexible” Credit, Liquidity Rules

By Editors | 09/04/2018

New rules reduce reserve requirements, simplify foreign currency deposit rules and allow banks to use their liquidity buffers to raise funding in repo transactions.

Trading & Investment

Thailand, Indonesia Boost Capital Markets Cooperation

By Editors | 08/03/2018

Extension of MoU includes cooperation on cross-border transactions, product development, information technology and knowledge sharing.

Clearing & Post-Trade

Bursa Malaysia Targets T+2 Securities Settlement

By Manesh Samtani | 02/03/2018

Other market boosting measures include a stamp duty waiver for stocks, as well as new ETF, ASEAN-centric and derivatives product launches.