Regulatory Alerts2017-03-16
Bank Indonesia Regulation Number 19/2/PBI/2017 on Negotiable Certificate of Deposit Transactions in The Money Market
Bank Indonesia issued Regulation Number 19/2/PBI/2017 to establish the regulatory framework for negotiable certificate of deposit transactions within the money market. This regulation defines the operational standards and requirements for market participants engaging in these financial instruments to ensure stability and transparency. It serves as the primary governing document for the issuance, trading, and settlement of negotiable certificates of deposit in Indonesia.
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