Regulatory Alerts2009-06-03
Bank Indonesia Regulation No. 11/18/PBI/2009 Amending Commercial Bank Monthly Report Requirements
Bank Indonesia issued Regulation No. 11/18/PBI/2009 to amend reporting standards for commercial banks, introducing a transition period from May 2009 to December 2010 to facilitate infrastructure preparation. The regulation establishes specific submission deadlines for per office, collective, subsidiary, and consolidation reports, while defining grace periods for late submissions and penalties for failure to report. It also revises the administrative sanction framework by setting fixed monetary fines for delayed or erroneous filings and revoking the previous 2000 regulation effective January 2010.
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