Regulatory Alerts2018-04-30
Regulation of Members of Board of Governors Number 20/7/PADG/2018 on Monetary Operation Participation
Bank Indonesia issued this regulation to standardize licensing and surveillance for banks and intermediary institutions participating in monetary operations. It establishes specific requirements for institutional capacity, infrastructure, human resource competence, and risk management that applicants must satisfy to obtain or maintain their licenses. The document further details the administrative procedures for license applications, feasibility analyses, and the mandatory processes for license revocation or re-application during corporate restructuring events.
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