Regulatory Alerts2010-08-02
Bank Indonesia Circular Letter Number 12/21/DPM – Amendment to Bank Indonesia Circular Letter Number 7/45/DPD concerning Derivative Transaction
Bank Indonesia issued Circular Letter Number 12/21/DPM to amend the provisions of Circular Letter Number 7/45/DPD dated September 15, 2005 regarding derivative transactions. This regulatory update modifies the operational framework and compliance requirements for financial institutions engaging in derivative activities within Indonesia. The amendment aims to align domestic derivative transaction rules with current market practices and supervisory standards.
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