Regulatory Alerts2014-12-29
Bank Indonesia Regulation Number 16/21/PBI/2014 on Prudential Principles for Managing External Debt of Non-bank Corporations
Bank Indonesia issued Regulation Number 16/21/PBI/2014 to establish prudential principles for non-bank corporations managing external debt. The regulation mandates that these entities implement specific risk management frameworks and reporting standards to ensure financial stability and compliance with national monetary policies. It applies to all non-bank corporations in Indonesia that incur or hold external debt obligations.
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