Regulatory Alerts2009-01-27
Circular Letter No. 11/33/DPNP Amending Circular Letter No. 11/4/DPNP on Indonesian Banking Accounting Guidelines
Bank Indonesia issued Circular Letter No. 11/33/DPNP to amend Circular Letter Number 11/4/DPNP dated 27 January 2009 regarding the implementation of Indonesian Banking Accounting Guidelines. This regulatory update modifies the existing accounting standards and procedures that commercial banks and rural banks must follow in Indonesia. The amendment ensures that banking institutions adhere to the latest prescribed accounting practices for financial reporting.
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