Wednesday, June 06, 2018
Issue Number: 3380
BI Updates Provisions on Licensing for Participants in Monetary Operations
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Bank Indonesia (“BI”) has just issued a new technical regulation on monetary operations, specifically Regulation of the Board of Governors of Bank Indonesia No. 20/7/PADG/2018 on Participation in Monetary Operations (“Regulation 7/2018”).[1] Regulation 7/2018 is expected to improve the governance, standardization and compliance aspects of monetary operations....

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