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ARTICLE · 06 JANUARY 2021

Legal Alert - December 2020

SSEK Law Firm
SSEK Law Firm
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SSEK Law Firm

SSEK Law Firm

SSEK Law Firm was founded in 1992 and is today one of the largest and most highly regarded...

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Please find the SSEK Legal Alert for December 2020. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia.

IndonesiaGovernment, Public Sector

Please find the SSEK Legal Alert for December 2020. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia.

BANK INDONESIA ("BI")

BI Regulation No. 22/14/PBI/2020 dated September 29, 2020, regarding Monetary Operation. This Regulation concerns monetary operations to achieve monetary stability. It provides that a monetary policy operation may be either conventional or based on shariah principles. This Regulation further stipulates that a monetary policy operation may be either an open market operation or a standing facilities operation. It came into force on October 1, 2020.

Members of the BI Board of Governors Regulation No. 22/29/PADG/2020 dated October 5, 2020, regarding the Second Amendment of Members of the BI Board of Governors Regulation No. 20/15/PADG/2018 regarding the Establishment of Immediate Fund Settlement Through the Bank Indonesia – Real-Time Gross Settlement System. This Regulation

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