15 results found

On 28 December 2015, Bank Indonesia issued a new regulation No.17/22/PBI/2015 ("PBI 17") concerning Mandatory Formation of Countercyclical Buffer.

Offshore loans (all loans made by residents to non-residents) must be reported to Bank Indonesia.

In connection with the Indonesia's payment system reformation as outlined by Central Bank of Indonesia ("BI") on its Payment System Blueprint 2025...

In response to the rapid advancement of information technology within the financial sector, the Indonesian Financial Services Authority issued OJK Regulation No. 40 of 2024 on Information Technology-Based Peer-to-Peer Lending Services.

The Government has moved to expand the remit of its infrastructure guarantee agency in recognition of the ongoing urgent need for private-sector finance to overcome the continuing infrastructure...

Effective on 12 July 2023, OJK Regulation No. 12 of 2023 ("OJK Reg 12/2023") introduces a significant change for Sharia Business Units (Unit Usaha Syariah or "UUS") in Conventional Commercial Banks

On 28 December 2015, the Indonesian Financial Services Authority issued a new regulation: No.46/POJK.03/2015 regarding Determination of Systemically Important Banks and Capital Surcharge.

On 11 December 2015, a new regulation was issued by the Indonesian Financial Services Authority No.26/POJK.03/2015 concerning Integrated Minimum Capital Requirement for Financial Conglomerates.

A foundation (yayasan) is a non-profit entity established for non-profit activities. Foundation is a type of legal entity for conducting social welfare activities and giving back to the communities.

On 29 December 2014, Bank Indonesia issued a new regulation (No. 16/21/PBI/2014) on the Implementation of Prudential Principles in Managing Offshore Loans by Non- Bank Corporations ("PBI No. 16/21").

The impact of the regional monetary crisis in 1997–1998 included a high inflation rate, devaluation of the Indonesian rupiah, a fall in foreign investment, capital flight and a high unemployment rate. All this in turn created political as well as economic instability in the country. Three changes in government over the succeeding five years added to such problems.

Indonesia is an attractive destination for investors and/or persons looking to expand their businesses or implement non-profit activities. This is due to one crucial and overall factor.