Regulatory Alerts2011-02-04
Bank Indonesia Circular Letter 13/3/DPM on Commercial Bank Daily Report
Bank Indonesia mandates that specified commercial banks, including conventional, sharia, and foreign branches, submit daily transactional and non-transactional financial data via the LHBU system. The regulation establishes detailed submission deadlines ranging from morning to late evening, specifies correction timeframes for data errors, and outlines procedures for offline reporting during technical failures. Additionally, it defines the provision of aggregate and individual data outputs, including JIBOR calculations, to subscribers while imposing financial penalties for non-compliance.
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