Regulatory Alerts2010-08-30
Bank Indonesia Circular Letter Number 12/23/DPM dated August 30, 2010 concerning Amendment to Bank Indonesia Circular Letter Number 11/8/DPM dated March 27, 2009 concerning Procedures for Transaction on Bank Indonesia Deposit Facilities for Sharia Banking
Bank Indonesia issued Circular Letter Number 12/23/DPM on August 30, 2010, to amend the procedures for transactions on Bank Indonesia Deposit Facilities for Sharia Banking. This regulation modifies the operational framework previously established in Circular Letter Number 11/8/DPM dated March 27, 2009. The amendment ensures that Sharia banking institutions adhere to updated guidelines for utilizing deposit facilities within the national monetary system.
Share