Regulatory Alerts2013-10-19
Bank Indonesia Regulation No. 12/21/PBI/2010 Concerning Bank Business Plan
Bank Indonesia mandates that commercial and Islamic banks prepare realistic annual business plans aligned with prudential principles and risk management. The regulation requires detailed coverage of financial forecasts, funding strategies, and organizational development, with plans submitted by November and subject to quarterly progress reporting. Non-compliance with submission deadlines or content requirements triggers administrative sanctions, including fines and potential downgrading of soundness ratings.
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