ARTICLE · 23 OCTOBER 2020

Legal Alert October 2020

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Regulation of Members of the Board of Governors No. 22/7/PADG/2020 dated April 27, 2020, regarding the Fourth Amendment of Members of the Board of Governors Regulation No. 20/5/PADG/2018...

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BANK INDONESIA ("BI")

Regulation of Members of the Board of Governors No. 22/7/PADG/2020 dated April 27, 2020, regarding the Fourth Amendment of Members of the Board of Governors Regulation No. 20/5/PADG/2018 regarding Implementation of Open Market Operation ("OPT") Instruments. This Regulation provides that BI may carry out the early termination of (i) conventional OPT repo transactions, (ii) conventional OPT repo reverse transactions, (iii) sharia OPT repo transactions, and (iv) sharia OPT repo reverse transactions. This Regulation came into force on the date of its stipulation.

Regulation of Members of the Board Governors No. 22/8/PADG/2020 dated April 27, 2020, regarding the Fifth Amendment of Members of the Board of Governors Regulation No. 20/6/PADG/2018 regarding Implementation of OPT Instruments. This Regulation contains provisions on when an early termination of repo transactions and repo reverse transactions may be carried out. This Regulation came into

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Legal Alert October 2020

BANK INDONESIA ("BI")

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