Financial Services Authority Regulation Number 63/POJK.03/2020 Concerning Reporting by General Banks Through the Financial Services Authority Reporting System

COPY
FINANCIAL SERVICES AUTHORITY REGULATION
OF THE REPUBLIC OF INDONESIA
NUMBER 63/POJK.03/2020
CONCERNING
REPORTING BY GENERAL BANKS THROUGH THE FINANCIAL SERVICES AUTHORITY REPORTING SYSTEM

BY THE GRACE OF GOD THE ALMIGHTY,
THE COMMISSIONERS OF THE FINANCIAL SERVICES AUTHORITY,

Considering:
a. that in the supervision of the banking sector, complete, accurate, current, whole, and comparable information on the financial condition and business activities of banks is required; therefore, the Financial Services Authority has developed a reporting system as a means for banks to submit reports quickly; b. that to enhance technology-based supervision, it is necessary to digitize reports that are still submitted offline to the Financial Services Authority;
c. that to increase the effectiveness and efficiency of report submission, it is necessary to regulate the groups of information, data positions, periods, and procedures for submitting reports through the Financial Services Authority reporting system;
d. that in its development, Financial Services Authority Regulation Number 12/POJK.03/2019 concerning Reporting by General Banks Through the Financial Services Authority Reporting System is no longer suitable and therefore needs to be replaced; e. that based on the considerations referred to in letters a, b, c, and d, it is necessary to establish a Financial Services Authority Regulation concerning Reporting by General Banks Through the Financial Services Authority Reporting System;

Recalling:

1. Law Number 7 of 1992 concerning Banking (State Gazette of the Republic of Indonesia Year 1992 Number 31, Supplement to the State Gazette of the Republic of Indonesia Number 3472) as amended by Law Number 10 of 1998 concerning Amendments to Law Number 7 of 1992 concerning Banking (State Gazette of the Republic of Indonesia Year 1998 Number 182, Supplement to the State Gazette of the Republic of Indonesia Number 3790);
2. Law Number 21 of 2008 concerning Islamic Banking (State Gazette of the Republic of Indonesia Year 2008 Number 94, Supplement to the State Gazette of the Republic of Indonesia Number 4867);
3. Law Number 21 of 2011 concerning the Financial Services Authority (State Gazette of the Republic of Indonesia Year 2011 Number 111, Supplement to the State Gazette of the Republic of Indonesia Number 5253);

DECIDING:
Establishing: FINANCIAL SERVICES AUTHORITY REGULATION CONCERNING REPORTING BY GENERAL BANKS THROUGH THE FINANCIAL SERVICES AUTHORITY REPORTING SYSTEM.

CHAPTER I
GENERAL PROVISIONS

Article 1
In this Financial Services Authority Regulation, the following terms are defined as:

1. General Bank, hereinafter referred to as Bank, is a Bank that conducts business activities on a conventional basis or based on Sharia principles, which in its activities provides services in the payment transaction system, including branch offices of banks located outside the country.
2. Conventional General Bank, hereinafter abbreviated as BUK, is a Bank that conducts business activities on a conventional basis, including branch offices of banks located outside the country.
3. Sharia General Bank, hereinafter abbreviated as BUS, is a Bank that conducts business activities based on Sharia principles.
4. Sharia Business Unit, hereinafter abbreviated as UUS, is a work unit of the BUK head office that functions as the head office of offices or units that conduct business activities based on Sharia principles.
5. Report is a report submitted by the Bank to the Financial Services Authority as referred to in banking sector legislation.
6. Financial Services Authority Reporting System is an information system used as a means for the Bank to submit Reports online to the Financial Services Authority.

Article 2
(1) Banks are required to compile and submit Reports to the Financial Services Authority online through the Financial Services Authority Reporting System.
(2) Banks are required to compile and submit corrections for errors in information in the Reports as referred to in paragraph (1) online through the Financial Services Authority Reporting System. (3) Banks that do not comply with the provisions as referred to in paragraph (1) and/or paragraph (2) are subject to administrative sanctions in the form of a written reprimand.

Article 3
(1) Banks are responsible for the completeness, accuracy, timeliness, and integrity of data, as well as the timeliness of Report submission.
(2) Banks appoint a reporting officer responsible to the Financial Services Authority.
(3) The reporting officer responsible as referred to in paragraph (2) appoints reporting implementation staff.
(4) Banks submit written letters of appointment and changes of the reporting officer responsible to the Financial Services Authority.
(5) The letters of appointment and changes of the reporting officer responsible as referred to in paragraph (4) are signed by members of the Board of Directors.

Article 4
Reports as referred to in Article 2 paragraph (1) consist of:
a. Structured Reports; and b. Unstructured Reports.

CHAPTER II
STRUCTURED REPORTS

Article 5
(1) Structured Reports as referred to in Article 4 letter a consist of 4 (four) groups of information.
(2) The groups of information as referred to in paragraph (1) include:
a. financial information group; b. risk and capital information group;
c. products, activities, and operations information group; and
d. basic data information group.

(3) The data positions for submission of Structured Reports as referred to in paragraph (1) consist of Reports:
a. daily; b. weekly;
c. monthly;
d. quarterly; e. semi-annual; and f. annual.

Article 6
(1) Banks are required to submit daily Structured Reports as referred to in Article 5 paragraph (3) letter a with the provisions for:
a. Period I, Reports must be submitted no later than the end of the day; and b. Period II, Reports must be submitted no later than the end of the following day.
(2) Banks are required to compile and submit daily Structured Reports completely and accurately.
(3) Further provisions regarding the details of information groups for each submission period as referred to in paragraph (1) are established by the Financial Services Authority.

Article 7
(1) Banks are required to submit weekly Structured Reports as referred to in Article 5 paragraph (3) letter b with the provisions for:
a. Period I, Reports must be submitted no later than Friday of the same week; and b. Period II, Reports must be submitted no later than Monday of the following week.
(2) Banks are required to compile and submit weekly Structured Reports completely and accurately.
(3) Further provisions regarding the details of information groups for each submission period as referred to in paragraph (1) are established by the Financial Services Authority.

Article 8
(1) Banks are required to submit monthly Structured Reports as referred to in Article 5 paragraph (3) letter c with the provisions for:
a. Period I, Reports must be submitted no later than the 7th of the following month; b. Period II, Reports must be submitted no later than the 15th of the following month;
c. Period III, Reports must be submitted no later than the 21st of the following month; and
d. Period IV, Reports must be submitted no later than the end of the following month.
(2) Banks are required to compile and submit monthly Structured Reports completely and accurately.
(3) Further provisions regarding the details of information groups for each submission period as referred to in paragraph (1) are established by the Financial Services Authority.

Article 9
(1) Banks are required to submit quarterly Structured Reports as referred to in Article 5 paragraph (3) letter d with the provisions for:
a. Period I, Reports must be submitted no later than the dates:

1. April 7 of the current year for the first quarter;
2. July 7 of the current year for the second quarter;
3. October 7 of the current year for the third quarter; and
4. January 7 of the following year for the fourth quarter;
   b. Period II, Reports must be submitted no later than the dates:
5. April 15 of the current year for the first quarter;
6. July 15 of the current year for the second quarter;
7. October 15 of the current year for the third quarter; and
8. January 15 of the following year for the fourth quarter;
   c. Period III, Reports must be submitted no later than the dates:
9. April 21 of the current year for the first quarter;
10. July 21 of the current year for the second quarter;
11. October 21 of the current year for the third quarter; and
12. January 21 of the following year for the fourth quarter;
    d. Period IV, Reports must be submitted no later than the dates:
13. April 30 of the current year for the first quarter;
14. July 31 of the current year for the second quarter;
15. October 31 of the current year for the third quarter; and
16. January 31 of the following year for the fourth quarter;
    e. Period V, Reports must be submitted no later than the dates:
17. May 15 of the current year for the first quarter;
18. August 15 of the current year for the second quarter;
19. November 15 of the current year for the third quarter; and
20. February 15 of the following year for the fourth quarter; and
    f. Period VI, Reports must be submitted no later than March 31 of the following year.
    (2) Banks are required to compile and submit quarterly Structured Reports completely and accurately.
    (3) Further provisions regarding the details of information groups for each submission period as referred to in paragraph (1) are established by the Financial Services Authority.

Article 10
(1) Banks are required to submit semi-annual Structured Reports as referred to in Article 5 paragraph (3) letter e with the provisions for:
a. Period I, Reports must be submitted no later than the dates:

1. July 31 of the current year for the first semester; and
2. January 31 of the following year for the second semester;
   b. Period II, Reports must be submitted no later than the dates:
3. August 15 of the current year for the first semester; and
4. February 15 of the following year for the second semester; and
   c. Period III, Reports must be submitted no later than:
5. August 31 of the current year for the first semester; and
6. the end of February of the following year for the second semester.
   (2) Banks are required to compile and submit semi-annual Structured Reports completely and accurately.
   (3) Further provisions regarding the details of information groups for each submission period as referred to in paragraph (1) are established by the Financial Services Authority.

Article 11
(1) Banks are required to submit annual Structured Reports as referred to in Article 5 paragraph (3) letter f in the form of a work plan with the provisions for:
a. Period I, Reports must be submitted no later than October 31 before the year of the work plan; and b. Period II, Reports must be submitted no later than November 30 before the year of the work plan. (2) Banks are required to submit annual Structured Reports other than the Annual Report in the form of a work plan as referred to in paragraph (1) with the provisions for:
a. Period III, Reports must be submitted no later than January 31 of the following year; and b. Period IV, Reports must be submitted no later than April 30 of the following year. (3) Banks are required to compile and submit annual Structured Reports completely and accurately. (4) Further provisions regarding the details of information groups for each submission period as referred to in paragraph (1) and paragraph (2) are established by the Financial Services Authority.

Article 12
(1) Banks that do not submit Reports after the final submission deadline as referred to in Article 6 paragraph (1), Article 7 paragraph (1), Article 8 paragraph (1), Article 9 paragraph (1), Article 10 paragraph (1), Article 11 paragraph (1), and/or Article 11 paragraph (2) are subject to administrative sanctions in the form of a fine of IDR 1,000,000.00 (one million rupiah) per working day and a maximum of IDR 30,000,000.00 (thirty million rupiah) per type of Report. (2) Errors in information submitted in Structured Reports as referred to in Article 6 paragraph (2), Article 7 paragraph (2), Article 8 paragraph (2), Article 9 paragraph (2), Article 10 paragraph (2), and/or Article 11 paragraph (3) based on findings by the Bank or the Financial Services Authority are subject to administrative sanctions in the form of a fine of IDR 100,000.00 (one hundred thousand rupiah) per entry error and a maximum of IDR 10,000,000.00 (ten million rupiah) per Report. (3) In the event that there is an entry error in 1 (one) Structured Report as referred to in Article 6 paragraph (2), Article 7 paragraph (2), Article 8 paragraph (2), Article 9 paragraph (2), Article 10 paragraph (2), and/or Article 11 paragraph (3) that results in other entry errors in:
a. the same Report; and/or b. other Reports, administrative sanctions in the form of fines are not imposed on other entry errors in the same Report and/or other Reports. (4) Banks that have been subject to administrative sanctions in the form of fines as referred to in paragraph (1) and paragraph (2) remain obligated to submit Reports and/or Report corrections. (5) Banks that do not comply with the provisions as referred to in paragraph (4) are subject to administrative sanctions in the form of a written reprimand. (6) In the event that a Bank has been subject to administrative sanctions as referred to in paragraph (5) and has not yet complied with the provisions as referred to in paragraph (4), the Bank may be subject to administrative sanctions in the form of:
a. downgrade of the governance factor rating in the Bank's health level assessment; b. prohibition on issuing products or conducting new activities; and/or
c. suspension of certain business activities.
(7) In the event that the Board of Directors, Board of Commissioners, and/or executive officers of the Bank do not comply with the provisions as referred to in paragraph (4), they may be subject to administrative sanctions in the form of prohibition as a principal party in accordance with Financial Services Authority Regulations regarding re-evaluation for principal parties of financial service institutions.

Article 13
In the event that the Bank:
a. corrects Structured Reports based on audit results by a public accountant registered with the Financial Services Authority; b. submits corrections to Structured Reports before the final submission deadline as referred to in Article 6 paragraph (1), Article 7 paragraph (1), Article 8 paragraph (1), Article 9 paragraph (1), Article 10 paragraph (1), Article 11 paragraph (1), and/or Article 11 paragraph (2); and/or
c. experiences hardship,
the Bank is exempted from the imposition of administrative sanctions in the form of fines as referred to in Article 12 paragraph (1) and Article 12 paragraph (2).

CHAPTER III
UNSTRUCTURED REPORTS

Article 14
(1) Banks are required to submit Unstructured Reports as referred to in Article 4 letter b with submission deadlines in accordance with banking sector legislation.
(2) Banks are required to compile and submit Unstructured Reports completely and accurately.
(3) Submission of Unstructured Reports as referred to in paragraph (1) is done in the form of data recordings that can be further processed.
(4) Further provisions regarding the details of Unstructured Reports as referred to in paragraph (1) are established by the Financial Services Authority.

Article 15
(1) Banks that do not submit Unstructured Reports after the final submission deadline as referred to in Article 14 paragraph (1) are subject to administrative sanctions in accordance with banking sector legislation. (2) In the event that banking sector legislation does not establish administrative sanctions as referred to in paragraph (1), Banks that do not submit Unstructured Reports after the final submission deadline as referred to in Article 14 paragraph (1) are subject to administrative sanctions in the form of a fine of IDR 1,000,000.00 (one million rupiah) per working day and a maximum of IDR 30,000,000.00 (thirty million rupiah) per type of Report. (3) Errors in information submitted in Unstructured Reports as referred to in Article 14 paragraph (2) based on findings by the Bank or the Financial Services Authority are subject to administrative sanctions in the form of a written reprimand. (4) Banks that have been subject to administrative sanctions in the form of fines as referred to in paragraph (2) remain obligated to submit Reports and/or Report corrections. (5) Banks that do not comply with the provisions as referred to in paragraph (4) are subject to administrative sanctions in the form of a written reprimand. (6) In the event that a Bank has been subject to administrative sanctions as referred to in paragraph (5) and has not yet complied with the provisions as referred to in paragraph (4), the Bank may be subject to administrative sanctions in the form of:
a. downgrade of the governance factor rating in the Bank's health level assessment; b. prohibition on issuing products or conducting new activities; and/or
c. suspension of certain business activities.
(7) In the event that the Board of Directors, Board of Commissioners, and/or executive officers of the Bank do not comply with the provisions as referred to in paragraph (4), they may be subject to administrative sanctions in the form of prohibition as a principal party in accordance with Financial Services Authority Regulations regarding re-evaluation for principal parties of financial service institutions.

Article 16
(1) In the event that the Bank experiences hardship, the Bank is exempted from the imposition of administrative sanctions in the form of fines as referred to in Article 15 paragraph (2). (2) In the event that the Bank:
a. corrects Unstructured Reports based on audit results by a public accountant registered with the Financial Services Authority; and/or b. submits corrections to Unstructured Reports before the final submission deadline as referred to in Article 14 paragraph (1), the Bank is exempted from the imposition of administrative sanctions in the form of written reprimands as referred to in Article 15 paragraph (3).

Article 17
(1) Banks are required to account for Unstructured Reports as referred to in Article 14 paragraph (1) submitted to the Financial Services Authority.
(2) Unstructured Reports as referred to in paragraph (1) must contain the same information as the Reports stored by the Bank.
(3) In the event that there is a difference between the information in the Reports stored in the Financial Services Authority database and the information in the Reports stored by the Bank, the information in the Reports stored in the Financial Services Authority database shall be used. (4) Banks that do not comply with the provisions as referred to in paragraph (1) and/or paragraph (2) are subject to administrative sanctions in the form of a written reprimand.

CHAPTER IV
PROCEDURES FOR REPORT SUBMISSION

Article 18
(1) Banks may only use the Financial Services Authority Reporting System for the submission of Structured Reports and/or corrections to Structured Reports until the end of the sixth month after the data position of the Report. (2) Submission of Structured Reports and/or corrections to Structured Reports after exceeding the end of the sixth month is carried out following the procedures for submitting unstructured reports as referred to in Article 14 paragraph (3). (3) Banks are responsible for the truthfulness of Structured Reports and/or corrections to Structured Reports as referred to in paragraph (2) uploaded to the Financial Services Authority Reporting System.

Article 19
(1) In the event that the Financial Services Authority experiences technical difficulties at the Report submission deadline so that Banks cannot submit Reports, the Financial Services Authority notifies the Bank of the technical difficulties in writing and delivers it:
a. directly to the Bank; b. through the Financial Services Authority Reporting System; and/or
c. through the Financial Services Authority's email address.
(2) Banks submit Reports no later than 1 (one) working day after the Financial Services Authority notifies that the technical difficulties at the Financial Services Authority as referred to in paragraph (1) have been resolved. (3) Banks experiencing hardship so that they cannot submit Reports and/or Report corrections until the submission deadline, notify the Financial Services Authority in writing to obtain a postponement of the Report and/or Report correction submission deadline. (4) Submission of notification letters as referred to in paragraph (3) is done:
a. by following the submission of Unstructured Reports as referred to in Article 14 paragraph (3); and/or b. offline.
(5) Offline written notifications regarding hardship as referred to in paragraph (4) letter b are submitted to:
a. the relevant bank supervision department or the Financial Services Authority regional office in Jakarta for Banks with headquarters or branch offices of banks located outside the country located in the Special Capital Region of Jakarta Province or Banten Province; or b. the Financial Services Authority regional office or local Financial Services Authority office according to the area where the Bank's head office is located, for Banks located outside the Special Capital Region of Jakarta Province or Banten Province.

Article 20
If the Report submission deadline falls on a Saturday, Sunday, and/or other public holiday, the Report is submitted on the next working day.

Article 21
(1) In the event that damage occurs to Reports due to technical difficulties or other disturbances in the Financial Services Authority Reporting System, the Financial Services Authority may request the Bank to resubmit the Reports and/or Report corrections. (2) Banks resubmit Reports and/or Report corrections upon request by the Financial Services Authority as referred to in paragraph (1).

CHAPTER V
OTHER PROVISIONS

Article 22
The Financial Services Authority may adjust the Report submission time based on certain considerations.

Article 23
(1) For newly established Banks, the obligation to submit Structured Reports through the Financial Services Authority Reporting System for the first time is carried out for the data position of 1 (one) month after the Bank commences operational activities. (2) In the event that the Bank conducts a merger, consolidation, separation, integration, conversion, change of business activity from BUK to BUS, or is a newly established intermediary bank, the adjustment of the obligation to submit Reports online is established by the Financial Services Authority.

CHAPTER VI
TRANSITIONAL PROVISIONS

Article 24
Errors in information reported by the Bank before the data position of the first Report submission and discovered by the Bank or the Financial Services Authority after the data position of the first Report submission as referred to in this Financial Services Authority Regulation are subject to administrative sanctions as referred to in this Financial Services Authority Regulation.

Article 25
The procedures for submitting Reports for BUKs that were previously submitted online to the Financial Services Authority in the form of:
a. Liquidity Coverage Ratio Report - Bank individually; and/or b. Liquidity Coverage Ratio Report - Bank consolidated, are carried out in accordance with this Financial Services Authority Regulation.

CHAPTER VII
CLOSING PROVISIONS

Article 26
(1) The obligation to submit Structured Reports as referred to in Article 6, Article 7, Article 8, Article 9, Article 10, and Article 11 for the first time is after being established by the Financial Services Authority. (2) The obligation to submit Unstructured Reports as referred to in Article 14 paragraph (1) for the first time is carried out starting from March 1, 2021. (3) In the event that the Financial Services Authority Reporting System for Unstructured Reports is not yet available, Unstructured Reports are submitted online through the Financial Services Authority mailing room service.

Article 27
(1) In the event that the obligation to submit Structured Reports through the Financial Services Authority Reporting System is established in Financial Services Authority regulations, the procedures for Report submission and administrative sanctions are carried out in accordance with this Financial Services Authority Regulation. (2) In the event that the obligation to submit Unstructured Reports is established in Financial Services Authority regulations, the procedures for Report submission are carried out in accordance with this Financial Services Authority Regulation.

Article 28
At the time this Financial Services Authority Regulation comes into force:
a. the obligation to submit structured Reports and unstructured Reports in printed document form to the Financial Services Authority in accordance with each respective provision of legislation in the banking sector; and b. the obligation to submit structured Reports through reporting systems other than the Financial Services Authority Reporting System in accordance with each respective provision of legislation in the banking sector, are declared invalid and not binding.

Article 29
At the time this Financial Services Authority Regulation comes into force, Financial Services Authority Regulation Number 12/POJK.03/2019 concerning Reporting of Commercial Banks through the Financial Services Authority Reporting System (State Gazette of the Republic of Indonesia Year 2019 Number 65, Supplement to the State Gazette of the Republic of Indonesia Number 6331), is revoked and declared invalid.

Article 30
This Financial Services Authority Regulation comes into force on the date of its promulgation.

This copy is in accordance with the original
Legal Director 1
Legal Department signed
Mufli Asmawidjaja

To ensure that everyone knows it, order the promulgation of this Financial Services Authority Regulation by placing it in the State Gazette of the Republic of Indonesia. Determined in Jakarta on 22 December 2020 CHAIRMAN OF THE COMMISSIONERS COUNCIL FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA, signed WIMBOH SANTOSO

Promulgated in Jakarta on 22 December 2020
MINISTER OF LAW AND HUMAN RIGHTS
REPUBLIC OF INDONESIA, signed
YASONNA H. LAOLY

STATE GAZETTE OF THE REPUBLIC OF INDONESIA YEAR 2020 NUMBER 297

EXPLANATION
OF
FINANCIAL SERVICES AUTHORITY REGULATION
OF THE REPUBLIC OF INDONESIA
NUMBER 63 /POJK.03/2020
CONCERNING
REPORTING OF COMMERCIAL BANKS THROUGH THE FINANCIAL SERVICES AUTHORITY REPORTING SYSTEM

I. GENERAL
In supporting the effectiveness of supervision functions in the banking sector, information on the financial condition and business activities of Banks is required. This information must be complete, accurate, current, whole, and comparable. Banks must compile and submit to the Financial Services Authority information on the financial condition and business activities of the Bank within the time and form determined by the Financial Services Authority in accordance with the provisions of legislation in the banking sector.

In line with technological developments, efficient and fast online reporting methods are needed through the Financial Services Authority Reporting System and digitalization for Reports that are still submitted in printed document form. The change in the submission of Reports in printed document form to an electronic-based system aims to increase the effectiveness of the Financial Services Authority's supervision function.

In relation to the above, regulations are needed regarding the reporting of commercial banks through the Financial Services Authority Reporting System, which covers information groups, data positions, periods, and procedures for submitting Reports in the Financial Services Authority Reporting System.

II. ARTICLE BY ARTICLE

Article 1
Sufficiently clear.

Article 2
Paragraph (1)
Online submission of Reports means the submission of Reports carried out by sending or transferring data recordings (files) directly through the Financial Services Authority Reporting System.

Paragraph (2)
Corrections can originate from Bank findings, audit results on historical financial information or limited review by public accountants, and/or findings of the Financial Services Authority.

Paragraph (3)
Sufficiently clear.

Article 3
Paragraph (1)
Sufficiently clear.

Paragraph (2)
Sufficiently clear.

Paragraph (3)
Sufficiently clear.

Paragraph (4)
The submission of appointment letters and changes of reporting officials is addressed to the work unit that carries out the function of banking information management.
To accelerate submission, letters can be submitted in advance via electronic mail to the Financial Services Authority at the address helpdesk.pelaporanbuk@ojk.go.id for BUK or helpdesk.pelaporanbus@ojk.go.id for BUS and UUS. The letter contains at least the following information:
a. name of the appointed official; and b. electronic mail address reflecting the identity of the Bank.

Paragraph (5)
Sufficiently clear.

Article 4
Letter a
Structured Reports include Reports based on forms submitted to the Financial Services Authority.

Letter b
Unstructured Reports include all Reports submitted to the Financial Services Authority in accordance with the provisions of legislation in the banking sector, other than the aforementioned Structured Reports.

Article 5
Paragraph (1)
Sufficiently clear.

Paragraph (2)
Letter a
Financial information groups include, among others, Publication Reports and Base Credit Interest Rate Reports.

Letter b
Risk and capital information groups include, among others, Liquidity Coverage Ratio Reports, Minimum Capital Provision and Risk-Weighted Assets Reports, Maximum Limit for Credit Provision and Large Fund Provision Reports, and Credit Restructuring Reports.

Letter c
Product, activity, and business information groups include, among others, periodic Reports related to the implementation of activities as agents selling mutual fund securities, periodic bancassurance Reports, and custodian activity Reports.

Letter d
Basic data information groups include, among others, Office Network Data Reports and Indonesian Banking Human Resources Data Reports.

Paragraph (3)
Sufficiently clear.

Article 6
Paragraph (1)
Letter a
Example:
Daily structured Reports with data position on Wednesday, 3 February 2021 are submitted no later than on Wednesday, 3 February 2021 at 23:59 WIB.

Letter b
Example:
Daily structured Reports with data position on Wednesday, 3 February 2021 are submitted no later than on Thursday, 4 February 2021 at 23:59 WIB.

Paragraph (2)
Sufficiently clear.

Paragraph (3)
Determination by the Financial Services Authority in the form of a Financial Services Authority Circular Letter.

Article 7
Paragraph (1)
Letter a
Example:
Weekly structured Reports with data position on Friday, 5 February 2021 are submitted no later than on Friday, 5 February 2021.

Letter b
Example:
Weekly structured Reports with data position on Friday, 5 February 2021 are submitted no later than on Monday, 8 February 2021.

Paragraph (2)
Sufficiently clear.

Paragraph (3)
Sufficiently clear.

Article 8
Sufficiently clear.

Article 9
Sufficiently clear.

Article 10
Sufficiently clear.

Article 11
Sufficiently clear.

Article 12
Paragraph (1)
Example:
The Base Credit Interest Rate Report with data position for January 2021 is submitted no later than on 7 February 2021, but considering that date is a Sunday, the Report is submitted on the next working day, which is Monday, 8 February 2021. Bank "X" submits the Report on Tuesday, 16 February 2021. Bank "X" is subject to administrative sanctions in the form of a fine of Rp6,000,000.00 (six million rupiah), namely Rp1,000,000.00 (one million rupiah) x 6 (six) working days.

Paragraph (2)
What is meant by "input error" is an error in one line of Report input.

Example 1:
In the monthly Publication Report, Bank "X" incorrectly reports the "Other Financial Assets" account and the "Other Assets" account in the Balance Sheet Report. For this error, Bank "X" is subject to administrative sanctions in the form of a fine for input number errors in the Balance Sheet Report table amounting to Rp200,000.00 (two hundred thousand rupiah), namely Rp100,000.00 (one hundred thousand rupiah) x 2 (two) inputs.

Example 2:
In one line of input for the Credit Restructuring Report, there are inputs for several dimensions (columns). For the aforementioned one line of input, Bank "X" incorrectly reports the dimension "Credit Restructuring Method", the dimension "Collateral Value – After Credit Restructuring", and the dimension "Restructuring Loss – After Credit Restructuring". For this error, Bank "X" is only subject to administrative sanctions in the form of a fine for one line of input error amounting to Rp100,000.00 (one hundred thousand rupiah) x 1 (one) input.

Paragraph (3)
Letter a
Example:
In the quarterly Publication Report, Bank "X" incorrectly reports credit that has been converted into equity participation while classifying it as non-performing credit, which should be reported as "participation" in the Balance Sheet table. This error results in errors in:

1. the "credit" account in the Balance Sheet Report table;
2. the "participation" account in the Balance Sheet Report table;
3. the "non-performing credit" account in the Productive Asset Quality table; and
4. the "performing participation" account in the Productive Asset Quality table.
   For this error, Bank "X" is only subject to sanctions for the input number error of "credit" in the Balance Sheet Report table, namely amounting to Rp100,000.00 (one hundred thousand rupiah) x 1 (one) input.

Letter b
Example:
In the Minimum Capital Provision and Risk-Weighted Assets Report-Individual Bank, Bank "X" incorrectly reports securities that should be reported as "instruments meeting additional core capital requirements" but are reported as "instruments meeting supplementary capital requirements". This error also results in errors in:

1. the Minimum Capital Provision and Risk-Weighted Assets Report-Consolidated Bank by 3 (three) inputs, namely the amounts of "instruments meeting additional core capital requirements",
   "instruments meeting supplementary capital requirements", and "total capital"; and
2. the quarterly Publication Report by 3 (three) inputs, namely the amounts of "instruments meeting additional core capital requirements", "instruments meeting supplementary capital requirements", and "total capital".
   For this error, Bank "X" is only subject to sanctions for the error in the Minimum Capital Provision and Risk-Weighted Assets Report-Individual Bank, namely amounting to Rp100,000.00 (one hundred thousand rupiah) x 1 (one) input.

Paragraph (4)
The deadline for submission of Reports and/or Report corrections is determined by the Financial Services Authority.

Paragraph (5)
Sufficiently clear.

Paragraph (6)
Sufficiently clear.

Paragraph (7)
Sufficiently clear.

Article 13
Letter a
Sufficiently clear.

Letter b
Sufficiently clear.

Letter c
Force majeure consists of natural disasters, non-natural disasters, and/or social disasters that disrupt Bank operational activities, which are justified by officials of the competent local government agency.

Article 14
Paragraph (1)
Example:
The deadline for submitting Compliance Reports is regulated in the Financial Services Authority Regulation concerning the implementation of compliance functions of commercial banks, namely submitted no later than 1 (one) month after the reporting period ends.

Paragraph (2)
Sufficiently clear.

Paragraph (3)
Submission of unstructured Reports is carried out through the Financial Services Authority Reporting System at the address https://sipena.ojk.go.id or another address determined by the Financial Services Authority.

Paragraph (4)
Sufficiently clear.

Article 15
Paragraph (1)
Sufficiently clear.

Paragraph (2)
Example:
The Compliance Report for the first semester of 2021 data position is submitted no later than 31 July 2021 in accordance with the Financial Services Authority Regulation concerning the implementation of compliance functions of commercial banks, but considering that date is a Saturday, the Report is submitted on the next working day, which is Monday, 2 August 2021. Bank "X" submits the Report on Thursday, 5 August 2021. Bank "X" is subject to administrative sanctions in the form of a fine of Rp3,000,000.00 (three million rupiah), namely Rp1,000,000.00 (one million rupiah) x 3 (three) working days.

Paragraph (3)
Sufficiently clear.

Paragraph (4)
Sufficiently clear.

Paragraph (5)
Sufficiently clear.

Paragraph (6)
Sufficiently clear.

Paragraph (7)
Sufficiently clear.

Article 16
Sufficiently clear.

Article 17
Paragraph (1)
Sufficiently clear.

Paragraph (2)
Sufficiently clear.

Paragraph (3)
In practice, the database is also known as a database.

Paragraph (4)
Sufficiently clear.

Article 18
Paragraph (1)
Example:
Banks can only submit Reports and/or corrections of Reports with data position on 31 December 2020 such as the Minimum Capital Provision and Risk-Weighted Assets Report-Individual Bank, Financial Publication and Quarterly Financial Performance Information Reports, and Indonesian Banking Human Resources Data Reports-semi-annually, online through the Financial Services Authority Reporting System until 30 June 2021.

Paragraph (2)
Submission of structured Reports and/or corrections of structured Reports after exceeding the end of the sixth month is carried out through the Financial Services Authority Reporting System at the address https://sipena.ojk.go.id or another address determined by the Financial Services Authority.

Paragraph (3)
Sufficiently clear.

Article 19
Paragraph (1)
Sufficiently clear.

Paragraph (2)
Example 1:
The Financial Services Authority Reporting System experiences technical difficulties on Thursday, 31 December 2020, which is the deadline for Period IV of the Monthly Structured Reports with data position for November 2020. Subsequently, the Financial Services Authority announces that the system has operated normally on Monday, 4 January 2021. Banks submit the November 2020 monthly Report no later than 1 (one) working day later, namely on Tuesday, 5 January 2021.

Example 2:
The Financial Services Authority Reporting System experiences technical difficulties on Monday, 2 August 2021, which is the deadline for submitting the Compliance Report for the first semester of 2021 data position in accordance with the Financial Services Authority Regulation concerning the compliance function of commercial banks. Subsequently, the Financial Services Authority announces that the system has operated normally on Thursday, 5 August 2021. Banks submit the Compliance Report for the first semester of 2021 data position no later than 1 (one) working day later, namely on Friday, 6 August 2021.

Paragraph (3)
Sufficiently clear.

Paragraph (4)
Letter a
Submission of notification letters is carried out through the Financial Services Authority Reporting System at the address https://sipena.ojk.go.id or another address determined by the Financial Services Authority.

Letter b
Sufficiently clear.

Paragraph (5)
Sufficiently clear.

Article 20
Sufficiently clear.

Article 21
Paragraph (1)
Requests from the Financial Services Authority for Reports and/or Report corrections are carried out via electronic mail.

Paragraph (2)
Sufficiently clear.

Article 22
Certain considerations include, among others, Government decisions regarding joint holidays and/or the pandemic period of disease outbreaks.

Article 23
Paragraph (1)
Example:
Banks established in December 2020, the reporting obligation applies for data positions in January 2021, for example:

1. Daily Reports for Period I with data position on 4 January 2021 are submitted no later than the end of the day on 4 January 2021 at 23:59 WIB;
2. Monthly Reports for Period I with data position for January 2021 are submitted no later than on 7 February 2021, but considering that date is a Sunday, the Report is submitted on the next working day, which is Monday, 8 February 2021.

Paragraph (2)
Intermediary Banks are Banks in accordance with the Financial Services Authority Regulation concerning intermediary banks.

Article 24
Sufficiently clear.

Article 25
Sufficiently clear.

Article 26
Sufficiently clear.

Article 27
Paragraph (1)
Format and guidelines for filling out Reports refer to the format and guidelines for filling out in accordance with Financial Services Authority regulations.

Paragraph (2)
Sufficiently clear.

Article 28
Sufficiently clear.

Article 29
Sufficiently clear.

Article 30
Sufficiently clear.

SUPPLEMENT TO THE STATE GAZETTE OF THE REPUBLIC OF INDONESIA NUMBER 6604 ---