Indonesia

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.

KYC & CDD

Indonesian Banks Start AEOI Registration to Report Customer Data

By Editors | 22/02/2018

Indonesian banks, regulators and financial infrastructure firms invited to register with the tax office under AEOI norms.

Structural Regulation

Indonesia Faces Resistance on Asean Banking Protocol

By Editors | 08/02/2018

Indonesian parliamentary commission appear unsure about Indonesian Banks’ ability to compete with foreign banks.

CBDCs

Bank Indonesia to Trial ‘Digital Rupiah’ in 2018

By Manesh Samtani | 31/01/2018

The digital currency’s value will be based on the existing currency system, backed by “real assets” and will take into account the inflation rate.

Clearing & Post-Trade

Indonesia to Establish Derivatives CCP

By Editors | 03/01/2018

Centralising counterparty risk at a clearinghouse will make derivative products offered by Indonesian financial institutions more competitive.