Regulatory Alerts2009-07-07
Circular Letter of Bank Indonesia No.11/17/DPM - the Procedure for the Provision of Intraday Liquidity Facility Based on Sharia Principles (FLIS)
Bank Indonesia issued Circular Letter No. 11/17/DPM to establish the procedural framework for providing Intraday Liquidity Facility based on Sharia Principles. This regulation mandates that participating banks adhere to specific Sharia-compliant mechanisms when accessing intraday liquidity support from the central bank. The document serves as the authoritative guide for implementing these financial facilities within the Indonesian banking system.
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