Regulatory Alerts2010-07-01
Bank Indonesia Regulation Number 12/10/PBI/2010 on the Third Amendment to Regulation 5/13/PBI/2003 Concerning Net Open Position for Commercial Banks
Bank Indonesia issued Regulation Number 12/10/PBI/2010 to enact the third amendment to its previous regulation governing the net open position limits for commercial banks. This regulatory update modifies the requirements established in Bank Indonesia Regulation Number 5/13/PBI/2003 to ensure appropriate management of foreign exchange risks. The amendment aims to maintain financial stability by adjusting the parameters under which commercial banks must calculate and report their net open positions.
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