Regulatory Alerts2020-05-28
Regulation of Member of Board of Governors Number 22/14/PADG/2020 on Procedure For Licensing and Operation of Central Counterparties For Over-The-Counter Interest Rate and Exchange Rate Derivative Transactions
Bank Indonesia issued Regulation of Member of the Board of Governors Number 22/14/PADG/2020 to establish the procedural framework for licensing and operating central counterparties. This regulation specifically governs entities handling over-the-counter interest rate and exchange rate derivative transactions within the Indonesian financial system. It defines the operational requirements and regulatory oversight mechanisms necessary for these central counterparties to function legally and securely.
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