SPEECH OF THE DEPUTY GOVERNOR OF BANK INDONESIA IN THE INAUGURATION OF APPLICATION OF MONEY SETTLEMENTS FOR
|
|
- Dwain Franklin
- 5 years ago
- Views:
Transcription
1 SPEECH OF THE DEPUTY GOVERNOR OF BANK INDONESIA IN THE INAUGURATION OF APPLICATION OF MONEY SETTLEMENTS FOR TRANSACTIONS IN THE CAPITAL MARKET BY USING BI-RTGS SYSTEM Jakarta, 29 June 2015 Distinguished: - Deputy Commissioner II of Capital Market Supervisor of the Financial Services Authority (OJK) of Indonesia, Mr. M. Noor Rachman; - President Director of PT. Kustodian Sentral Efek Indonesia, Mrs. Margeret Tang; - Chair and Management of Indonesian Custodian Bank Association (ABKI); - Heads of Departments of the Financial Services Authority (OJK) of Indonesia; - Heads of Departments of Bank Indonesia; - Heads of Banks in Indonesia; and - Ladies and gentlemen. Good Afternoon and May God Bless Us All 1. To begin my speech this afternoon, I would like to invite all of us to praise God the Almighty for giving us the opportunity to be in a favorable condition to attend this inauguration of Implementation of Use of BI-RTGS System in Money Settlements for Transactions in the Capital Market. 2. On this favorable occasion, on behalf of all members of the Board of Governors of Bank Indonesia, please allow me to extend my deepest appreciation and gratitude to all parties involved in this cooperation, namely Bank Indonesia, the Financial Services Authority (OJK), Indonesian Central Securities Depository (KSEI), and Custodian Banks, for successfully implementing the use of BI-RTGS System in money Page 1 of 5
2 settlements for transactions in the Capital Market, or also known as Central Bank Money. 3. In the capacity as the Central Bank, the main task of Bank Indonesia is to maintain not only monetary stability, but also financial system stability. Successful monetary stability maintenance by Bank Indonesia without financial system stability maintenance will have less significance in supporting sustainable economic growth. 4. Financial system plays a very significant role in the economy. Experiences show that unstable financial system, which further causes crisis, will result in very high salvage costs. Learning from the past experiences, Bank Indonesia considers that efforts to avoid or reduce potential unstable financial system risks are highly necessary, primarily to avoid a tremendous loss. 5. Bank Indonesia as a macroprudential authority consistently observes every development of the financial system and will take necessary policies to anticipate and mitigate systemic risks, as well as credit, liquidity, and market risks, thereby ensuring maintained financial system stability. 6. Stability of the Money Market and Capital Market is a vital component to create financial system stability. Any turbulence in the two markets, which are caused by global or domestic factors, may trigger financial system instability, which may eventually result in a financial crisis. Therefore, in performing the task to maintain financial system stability, Bank Indonesia pays full attention to the development of the Money Market and Capital Market. Page 2 of 5
3 7. Based on such consideration, Bank Indonesia warmly welcomes and greatly supports the applied use of BI-RTGS System in Money Settlements for Transactions in the Capital Market, which we consider as one of the efforts to mitigate credit and liquidity risks in the implementation of money settlements for securities transactions. 8. By the application of Central Bank Money, mitigation will be possible against credit risks which may occur from potential default by Payment Banks on their obligations. The same applies to liquidity risks, which may occur when any Participants fail to transfer their assets in a quick manner because the relevant Payment Banks are suffering from liquidity problems. By the application of Central Bank Money, such liquidity risks may be mitigated. 9. In addition to risk mitigation, another advantage of money settlements for transactions in the Capital Market through BI-RTGS System is the creation of competitive neutrality because any Banks may perform money settlements for transactions in the Capital Market and they do not depend on any particular Banks. Application of Central Bank Money also increases liquidity management efficiency of every Bank as banks do not necessarily have to own accounts with any other institutions for money settlements for transactions in the Capital Market. 10. Bank Indonesia s mission in payment system is to manage and maintain secure, efficient, and smooth Payment and Money Management System through access expansion and by considering the national interest. Such mission will be accomplished through two important aspects: first, strengthening of Payment System, and second, being proactive in pioneering cooperation and collaboration. Page 3 of 5
4 11. Bank Indonesia s contribution to the implementation of Central Bank Money in Money Settlements for Transactions in the Capital Market is one of our concrete efforts to accomplish such mission in payment system. Cooperation and collaboration between Bank Indonesia and OJK, KSEI, and Custodian Banks may strengthen payment system in Indonesia, particularly for transactions in the Capital Market. 12. The synergic collaboration is expected to contribute to the economy, monetary stability, and financial system stability by considering the aspects of access expansion and national interest. Therefore, Bank Indonesia will be consistently active to encourage the use of BI-RTGS System in money settlements for transactions in the Capital Market. 13. From the international perspective, application of central bank money in money settlements for transactions in the Capital Market follows the recommendation in the Principles for Financial Market Infrastructures (PFMIs), issued by the Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO), particularly Principle 9: Money Settlements, specifying that Financial Market Infrastructure should conduct its money settlements by using current accounts (rekening giro) with the central bank. 14. Application of money settlements for transactions in the Capital Market by using BI- RTGS System is an important achievement of the cooperation between Bank Indonesia, OJK, KSEI, and Custodian Banks. Such implementation serves as the first step of using Central Bank Money in money settlements for all Securities transactions in the Capital Market, which will be further developed in phases. Therefore, we expect such constructive cooperation may be continuously improved, so that the next implementation phase may be immediately realized. Page 4 of 5
5 15. To conclude, may God the Almighty accept all of our efforts for the development of our country, nation, and people and we all be blessed with the strength to implement such efforts. Thank you. Deputy Governor of Bank Indonesia Ronald Waas Page 5 of 5
REGULATION OF KSEI NUMBER V-D REGARDING FREE OF PAYMENT INSTRUCTION
REGULATION OF KSEI NUMBER V-D REGARDING FREE OF PAYMENT INSTRUCTION 1. DEFINITION 1.1 Unless specifically stipulated otherwise, all words and/or terms in this regulation shall have the same meaning as
More informationRegional Inflation Control Report
Governor of Bank Indonesia Regional Inflation Control Report National Coordination Meeting VI of TPID, Jakarta 27 May 2015 The honorable: His Excellency President of the Republic of Indonesia Ministers
More informationSpeech of the Deputy Governor of Bank Indonesia. Handover Ceremony at the Bank Indonesia Representative Office in Aceh Province
Speech of the Deputy Governor of Bank Indonesia Handover Ceremony at the Bank Indonesia Representative Office in Aceh Province Banda Aceh, 20 th October 2015 Distinguished Governor of Aceh Province, Mr
More informationREGULATION OF KSEI NUMBER I-C REGARDING SECURITIES SUB-ACCOUNT
REGULATION OF KSEI NUMBER I-C REGARDING SECURITIES SUB-ACCOUNT 1. DEFINITIONS In this regulation, referred to as: 1.1. Securities Sub-Account shall be the Securities Account under the name of the client
More informationTHE REGULATION OF INDONESIA CENTRAL SECURITIES DEPOSITORY NUMBER II-D REGARDING REGISTRATION OF ASSET BACKED SECURITIES IN KSEI
THE REGULATION OF INDONESIA CENTRAL SECURITIES DEPOSITORY NUMBER II-D REGARDING REGISTRATION OF ASSET BACKED SECURITIES IN KSEI 1. DEFINITION 1.1 Unless specifically stipulated otherwise, then, all words
More informationREGULATION OF KSEI NUMBER I-B REGARDING MAIN SECURITIES ACCOUNT
REGULATION OF KSEI NUMBER I-B REGARDING MAIN SECURITIES ACCOUNT 1. DEFINITIONS In this regulation, referred to as: 1.1. Main Securities Account shall be the Securities Account under the name of the Participant
More informationCircular Letter NO. SE-0006/DIR-EKS/KSEI/1016
To. The Board of Directors/ The Principal of the Securities Company As Tax Amnesty Gateway In place of domicile Jakarta, October 31 st, 2016 Circular Letter NO. SE-0006/DIR-EKS/KSEI/1016 Regarding : Mechanism
More informationThe Way To Become A Stock Investor
The Way To Become A Stock Investor Stock as An Investment Choice Stock is one of valuable assets which traded in capital market Stock is a part of ownership or capital participation in a company or corporate
More informationSUMMONS TO EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
---------------------- AUTHORIZED TRANSLATION ---------------------- PT. ARGO PANTES TBK. ( Company ) Domiciled in Jakarta SUMMONS TO EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS The Company s Board of
More informationCENTRAL BANK OF KENYA 50 TH ANNIVERSARY CELEBRATIONS AT THE NAIROBI NATIONAL MUSEUM
CENTRAL BANK OF KENYA 50 TH ANNIVERSARY CELEBRATIONS AT THE NAIROBI NATIONAL MUSEUM Remarks by Mr. Henry Rotich, Cabinet Secretary, The National Treasury September 14, 2016 Your Excellency Hon. Uhuru Kenyatta,
More informationWELCOME ADDRESS Twelfth Asia-Pacific High Level Meeting on Banking Supervision
WELCOME ADDRESS Twelfth Asia-Pacific High Level Meeting on Banking Supervision Jointly organised by the Basel Committee on Banking Supervision (BCBS), the Financial Stability Institute (FSI), and the Executives
More information2018 DISSEMINATION WORKSHOP ON FOREIGN PRIVATE INVESTMENT AND INVESTOR PERCEPTIONS IN ZAMBIA SPEECH BY DR. DENNY H. KALYALYA GOVERNOR BANK OF ZAMBIA
BANK Of ZAMBIA 2018 DISSEMINATION WORKSHOP ON FOREIGN PRIVATE INVESTMENT AND INVESTOR PERCEPTIONS IN ZAMBIA SPEECH BY DR. DENNY H. KALYALYA GOVERNOR BANK OF ZAMBIA WEDNESDAY, DECEMBER 5, 2018 TAJ PAMODZI,
More informationAssalamu alaikumwr. Wb, Very good morning to all of you, Honourable speakers, Distinguished Guests, Ladies and Gentlemen,
Opening Remarks Dr. Hartadi A. Sarwono, Deputy Governor of Bank Indonesia The 9 th Bank Indonesia Annual International Seminar Nusa Dua-Bali, December 9 th, 2011 Assalamu alaikumwr. Wb, Very good morning
More informationIOSCO Emerging Markets Committee Conference Bucharest, 6 November Opening Speech
6 November 2009 IOSCO Emerging Markets Committee Conference Bucharest, 6 November 2009 Opening Speech Jane Diplock Chairman, IOSCO Executive Committee and Chairman, New Zealand Securities Commission SP010-09
More informationREMARKS BY THE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA AT THE FUN BIKE PROGRAM OF THE
REMARKS BY THE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA AT THE FUN BIKE PROGRAM OF THE MINISTRY TRADE AND THE COMMUNITY OF COMMODITY FUTURES AND THE WAREHOUSE RECEIPT SYSTEM JAKARTA, 8 OCTOBER 2011
More informationF. Statement at the 50th Annual Meeting of the ADB (Yokohama, Japan / May 6, 2017) May 6, 2017
F. Statement at the 50th Annual Meeting of the ADB (Yokohama, Japan / May 6, 2017) May 6, 2017 Statement by the Honorable Taro Aso, Deputy Prime Minister of Japan and the Chairperson of the Board of Governors,
More informationDALITSO KABAMBE, PhD GOVERNOR AT THE INAUGURAL FINANCIAL INCLUSION INDABA AND LAUNCH OF THE NATIONAL STRATEGY FOR FINANCIAL INCLUSION
RESERVE BANK OF MALAWI REMARKS BY DALITSO KABAMBE, PhD GOVERNOR AT THE INAUGURAL FINANCIAL INCLUSION INDABA AND LAUNCH OF THE NATIONAL STRATEGY FOR FINANCIAL INCLUSION AT BINGU INTERNATIONAL CONFERENCE
More informationShorter Settlement Cycles (SSC) in Europe & the US and their Impact on Asia
Shorter Settlement Cycles (SSC) in Europe & the US and their Impact on Asia ACG17, Dhaka 20 October 2013 [Sample footer text] Audience Vote Question 1: How many markets are currently on T+2 or shorter?
More informationLOGO COMPANY. PT ARGO PANTES Tbk. ( Limited Liability Company ) Having its domicile in Jakarta CORRECTION TO THE INVITATION TO
LOGO COMPANY PT ARGO PANTES Tbk. ( Limited Liability Company ) Having its domicile in Jakarta CORRECTION TO THE INVITATION TO THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS In connection with the changes
More informationPT BATAVIA PROSPERINDO FINANCE Tbk. Located in South Jakarta ( Company )
PT BATAVIA PROSPERINDO FINANCE Tbk. Located in South Jakarta ( Company ) ANNOUNCEMENT OF SUMMARY OF MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR THE 2015 FINANCIAL YEAR A N D EXTRAORDINARY MEETING
More informationBOARDS OF GOVERNORS 2007 ANNUAL MEETINGS WASHINGTON, D.C.
BOARDS OF GOVERNORS 2007 ANNUAL MEETINGS WASHINGTON, D.C. WORLD BANK GROUP INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION
More informationPT CIPUTRA DEVELOPMENT TBK. ( Company ) ANNOUNCEMENT OF MINUTES OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
Advertisement : Thursday, 10 September 2015 Newspaper NB : Bisnis Indonesia : Black and White PT CIPUTRA DEVELOPMENT TBK ( Company ) ANNOUNCEMENT OF MINUTES OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
More informationATTACHMENT TO IMPLEMENTATION OF THE CLEARING AND SETTLEMENT OF EQUITY. In this Rule, the following terms shall have the meanings as defined below:
ATTACHMENT TO Decision of the Board of Directors of PT Kliring Penjaminan Efek Indonesia Number : KEP-008/DIR/KPEI/0612 Dated : 11-06-2012 RULE OF KPEI NUMBER: II-5 IMPLEMENTATION OF THE CLEARING AND SETTLEMENT
More informationANNOUNCEMENT SUMMARY OF MINUTES OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS PT TOWER BERSAMA INFRASTUCTURE TBK
ANNOUNCEMENT SUMMARY OF MINUTES OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS PT TOWER BERSAMA INFRASTUCTURE TBK The Board of Directors of PT Tower Bersama Infrastructure Tbk ( Company ) hereby annouce
More informationSustainability and financial stability. Keynote speech by Alexander Karrer Deputy State Secretary for International Finance
Es gilt das gesprochene Wort Sustainability and financial stability Keynote speech by Alexander Karrer Deputy State Secretary for International Finance at the occasion of the Members Assembly of Swiss
More informationBOARDS OF GOVERNORS 2000 ANNUAL MEETINGS PRAGUE, CZECH REPUBLIC
BOARDS OF GOVERNORS 2000 ANNUAL MEETINGS PRAGUE, CZECH REPUBLIC INTERNATIONAL MONETARY FUND WORLD BANK GROUP INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL
More informationANNOUNCEMENT OF SUMMARY OF MINUTES OF
ANNOUNCEMENT OF SUMMARY OF MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR THE FISCAL YEAR OF 2014 PT BANK PEMBANGUNAN DAERAH JAWA BARAT & BANTEN, Tbk. The Board of Directors of PT Bank Pembangunan
More informationIntroduction. Ladies and Gentlemen,
WORDS OF WELCOME Prepared for the Workshop on Interest rates in retail banking markets and monetary policy Frankfurt a.m., 5 February 2007 Delivered by Philippe Moutot, Deputy Director General Economics
More informationPT. AKR Corporindo, Tbk. Domiciled in West Jakarta ( the Company ) NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
PT. AKR Corporindo, Tbk. Domiciled in West Jakarta ( the Company ) NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS We hereby inform the Shareholders of the Company, that the Company will hold an Annual
More informationCHAIRMAN SPEECH ON THE OCCASION OF 12TH ANNUAL GENERAL MEETING OF THE SHAREHOLDERS TO BE HELD ON MONDAY, 30TH APRIL, 2012
CHAIRMAN SPEECH ON THE OCCASION OF 12TH ANNUAL GENERAL MEETING OF THE SHAREHOLDERS TO BE HELD ON MONDAY, 30TH APRIL, 2012 AT 9.30 A.M. AT MARRIOT HOTEL KARACHI PAKISTAN REINSURANCE COMPANY LIMITED PRC
More informationPT CIPUTRA DEVELOPMENT TBK. ( Company ) NOTICE OF ANNUAL & EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
Advertisement : Monday, June 08, 2015 Newspaper NB : Bisnis Indonesia : Black and White PT CIPUTRA DEVELOPMENT TBK ( Company ) NOTICE OF ANNUAL & EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS The Board
More informationThe Evolution of Payment and Settlement Systems and the Role of Central Banks
December 2, 2014 B ank of Japan The Evolution of Payment and Settlement Systems and the Role of Central Banks Speech at the Symposium for the 30th Anniversary of the Center for Financial Industry Information
More informationANNOUNCEMENT OF SUMMARY OF MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS PT TOBA BARA SEJAHTRA Tbk (the Company )
ANNOUNCEMENT OF SUMMARY OF MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS PT TOBA BARA SEJAHTRA Tbk (the Company ) The Board of Directors of the Company hereby announces that the Company has convened
More informationPRESS RELEASE Year-End 2007
PRESS RELEASE Year-End 2007 KSEI, in its capacity as the Depository & Settlement Institution in Indonesian Capital Market in which assets of capital market players are deposited never stop trying to improve
More informationFinancial Services Commission Corporate Governance Seminar. Corporate Governance: Influencing Performance & Efficiency - Creating Opportunities
Financial Services Commission Corporate Governance Seminar Corporate Governance: Influencing Performance & Efficiency - Creating Opportunities March 26, 2014 Opening Remarks Ms. Janice P Holness Executive
More informationRemarks by Mr. Kazuyuki Nakane State Minister for Foreign Affairs, Japan at the 4 th OECD Southeast Asia Regional Forum
Remarks by Mr. Kazuyuki Nakane State Minister for Foreign Affairs, Japan at the 4 th OECD Southeast Asia Regional Forum Dr. Pichet Durongkaveroj, Minister of Digital Economy and Society of Thailand, Mr.
More informationKeynote Speech Seminar on
Keynote Speech Seminar on Development of Productive Economy in order to Support Minapolitan Program Dr. Hendar Deputy Governor of Bank Indonesia Bismillahirrahmanirrahim, Assalamu alaikum warahmatullahi
More informationEastern Caribbean Central Bank
OPENING REMARKS BY TIMOTHY N. J. ANTOINE GOVERNOR, EASTERN CARIBBEAN CENTRAL BANK Handing Over Ceremony to Mark the Change in Chairmanship of the ECCB Monetary Council 22 July 2016 (Sandals Grande, Antigua
More informationIraqi Depository Center
Iraqi Depository Center Ladies and Gentlemen.. I'm honored to be here with you all. On this occasion I want to thank Dubai Financial Market for hosting the AMEDA Dubai 2013. Also I want to thank Mr. Mohamed
More informationKeynote Speech for the IIF Membership Meeting
Keynote Speech for the IIF Membership Meeting - Deputy Prime Minister and Minister of Finance and Economy, Jin Nyum - I. Introduction International Financial Policy Division: ITN 82-503-9268 Mr. Chairman,
More informationJakarta, 18 July 2013
BakrieTower, 12 th floor RasunaEpicentrum Complex Jl. H.R. Rasuna Said Jakarta, INDONESIA 12940 Website: www.bumiresources.com Jakarta, 18 July 2013 TO OUR VALUED SHAREHOLDERS We wish to advise that PT
More informationUNOFFICIAL TRANSLATION
BANK INDONESIA REGULATION NUMBER: 10/ 28 /PBI/2008 CONCERNING THE PURCHASE OF FOREIGN CURRENCY AGAINST RUPIAH THROUGH BANKS WITH THE BLESSING OF GOD ALMIGHTY THE GOVERNOR OF BANK INDONESIA Considering
More informationABSTRACT. Keywords: capital budgeting, expenditure, tooling, sensitivity analysis
ACKNOWLEDGEMENT The creation of this thesis took lots of help from many people. It is a great pleasure to express my gratitude and acknowledge them. First and foremost, I would like to thank to God Almighty
More informationDistinguished guests, Ladies and Gentlemen,
Address by the President of the Republic Mr. Nicos Anastasiades Cyprus International Business Association (CIBA) 2017 Annual General Meeting Friday, 01 December 2017 Distinguished guests, Ladies and Gentlemen,
More informationJOINT WRITTEN STATEMENT BY. Submitted on Wednesday, 26 July 2017
JOINT WRITTEN STATEMENT BY THE FEDERATION OF INTERNATIONAL CIVIL SERVANTS ASSOCIATIONS (FICSA), THE COORDINATING COMMITTEE OF INTERNATIONAL STAFF UNIONS AND ASSOCIATIONS (CCISUA) AND UNITED NATIONS INTERNATIONAL
More informationREGULATION OF PRESIDENT OF THE REPUBLIC OF INDONESIA NUMBER 13 YEAR 2018 REGARDING IMPLEMENTATION OF PRINCIPLE OF CORPORATE BENEFICIARY
REGULATION OF PRESIDENT OF NUMBER 13 YEAR 2018 REGARDING IMPLEMENTATION OF PRINCIPLE OF CORPORATE BENEFICIARY IDENTIFICATION FOR PREVENTING AND ERADICATING CRIMINAL ACTIONS OF MONEY LAUNDERING AND TERRORISM
More informationBoard of Commissioners Supervisory Report
01 Financial 02 Management Report 03 Corporate Profile Djohan Emir Setijoso President Commissioner PT Bank Central Asia Tbk 05 Corporate Governance Board of Commissioners Supervisory Report 02 34 04 Management
More informationPT CIPUTRA DEVELOPMENT TBK. ( Company ) NOTICE TO ANNUAL GENERAL MEETING OF SHAREHOLDERS. The Board of Directors hereby invites Company s shareholders
Newspaper NB : Bisnis Indonesia : Black and White PT CIPUTRA DEVELOPMENT TBK ( Company ) NOTICE TO ANNUAL GENERAL MEETING OF SHAREHOLDERS The Board of Directors hereby invites Company s shareholders to
More informationStatement of the IDB Governor for Tunisia
Statement of the IDB Governor for Tunisia The 39 th Annual Meeting of the IDB Board of Governors Jeddah Kingdom of Saudi Arabia 26-28 Sha baan 1435H (24-26 June 2014) Original Text Arabic H.E. the Chairman
More informationREGULATORY DEVELOPMENTS ON FINTECH IN INDONESIA (PART 1) OJK FINALISING FINTECH LENDING REGULATIONS
REGULATORY DEVELOPMENTS ON FINTECH IN INDONESIA (PART 1) OJK FINALISING FINTECH LENDING REGULATIONS 28 November 2016 Jakarta Legal Briefings The Indonesian Financial Services Authority (OJK) is in the
More informationGovernor Statement No. 5 September 23, Statement by the Hon. NGUYEN VAN BINH, Governor of the Fund for VIETNAM
Governor Statement No. 5 September 23, 2011 Statement by the Hon. NGUYEN VAN BINH, Governor of the Fund for VIETNAM Statement by the Hon. Nguyen Van Binh, Governor of the State Bank of Vietnam Mr. Chairman,
More informationAGMS and EGMS was attended by all member of Board of Commissioners and Directors of the Company which are as follows:
ANNOUNCEMENT SUMMARY OF MINUTES ANNUAL GENERAL MEETING OF SHAREHOLDERS AND EXTRA ORDINARY GENERAL MEETING OF SHAREHOLDERS OF PT METRODATA ELECTRONICS Tbk In order to fulfill article 32 paragraph 1 and
More informationANNOUNCEMENT OF SUMMARY OF MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS PT TOBA BARA SEJAHTRA Tbk (the Company )
ANNOUNCEMENT OF SUMMARY OF MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS PT TOBA BARA SEJAHTRA Tbk (the Company ) The Board of Directors of the Company hereby announces that the Company has convened
More informationPT. AKR Corporindo, Tbk. Domiciled in West Jakarta (the Company )
PT. AKR Corporindo, Tbk. Domiciled in West Jakarta (the Company ) INVITATION TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS AND THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS The Board of Directors of
More informationREGULATION OF BANK INDONESIA NUMBER: 11/ 30 /PBI/2009 CONCERNING INTRADAY LIQUIDITY FACILITY BASED ON SHARIA PRINCIPLES
Unofficial Translation REGULATION OF BANK INDONESIA NUMBER: 11/ 30 /PBI/2009 CONCERNING INTRADAY LIQUIDITY FACILITY BASED ON SHARIA PRINCIPLES BY THE GRACE OF THE ONE ALMIGHTY GOD GOVERNOR OF BANK INDONESIA,
More informationANNOUNCEMENT SUMMARY OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR THE FISCAL YEAR 2016 PT BANK PEMBANGUNAN DAERAH JAWA BARAT & BANTEN, Tbk.
ANNOUNCEMENT SUMMARY OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR THE FISCAL YEAR 2016 PT BANK PEMBANGUNAN DAERAH JAWA BARAT & BANTEN, Tbk. The Board of Directors of PT Bank Pembangunan Daerah Jawa
More information10 th International Conference Bulletin of Monetary Economic and Banking & Book Launch. Honorable,
10 th International Conference Bulletin of Monetary Economic and Banking & Book Launch Honorable, Governor of Bank Indonesia Bapak Agus Martowardojo Former Governors of Bank Indonesia Bapak Rachmat Saleh
More informationA. Day/Date. Time, Place and Agenda
ANNOUNCEMENT OF SUMMARY OF MINUTES OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS AND THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS 2017 & SCHEDULE CASH DIVIDEND PAYMENT FOR THE FINANCIAL YEAR 2016
More informationPerry Warjiyo: US monetary policy normalization and EME policy mix the Indonesian experience
Perry Warjiyo: US monetary policy normalization and EME policy mix the Indonesian experience Speech by Mr Perry Warjiyo, Deputy Governor of Bank Indonesia, at the NBER 25th Annual East Asian Seminar on
More informationTwin Peaks. by Ingrid Goodspeed. Governor of the South African Institute of Financial Markets
Twin Peaks by Ingrid Goodspeed Governor of the South African Institute of Financial Markets Introduction n February 2013 the Financial Services Board undertook a peer review(1) of South Africa s progress
More informationKathleen L. Casey 1 Chairman, IOSCO Technical Committee and Commissioner, U. S. Securities & Exchange Commission
10 June 2009 Welcoming Remarks Before the 34 th IOSCO Annual Conference Tel Aviv SP004-09 Kathleen L. Casey 1 Chairman, IOSCO Technical Committee and Commissioner, U. S. Securities & Exchange Commission
More informationJessica Chew Cheng Lian: IFRS 17 Insurance Contracts
Jessica Chew Cheng Lian: IFRS 17 Insurance Contracts Welcome address by Ms Jessica Chew Cheng Lian, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Joint IFRS Foundation
More informationThe Forty-Second Annual Meeting of Governors of the Board of the Asian Development Bank (Indonesia, Bali, May 4 (Monday), 2009)
The Forty-Second Annual Meeting of Governors of the Board of the Asian Development Bank (Indonesia, Bali, May 4 (Monday), 2009) 1 Introduction Mr. Chairman, Mr. President, distinguished Governors, ladies
More informationPERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA Tbk.
PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA Tbk. ANNOUNCEMENT RESOLUTIONS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS AND SCHEDULES AND RULES FOR THE DISTRIBUTION OF 2011 FINANCIAL YEAR DIVIDEND
More informationPayments Systems Paper
Payments Systems Paper on Adoption of Committee on Payment and Settlement Systems (CPSS) and International Organization of Securities Commissions (IOSCO) Principles for Financial Market Infrastructures
More informationPress Release The Development of Capital Market Infrastructure: Investors Are Now Able to Withdraw Funds Through ATM RDN
Press Release The Development of Capital Market Infrastructure: Investors Are Now Able to Withdraw Funds Through ATM RDN Jakarta, March 30 th, 2015 - The expansion of AKSes (Securities Ownership Reference)
More informationPresident Commissioner : Gigih Prakoso President Director : Tolingul Anwar Independent Commissioner : Pradana Operation Director : Elizar Hasibuan
ANNOUCEMENT SUMMARY OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS SCHEDULE AND PROCEDURE FOR CASH DIVIDEND PAYMENT FOR FINANCIAL YEAR 2017 PT ELNUSA Tbk The Board of Directors of PT Elnusa Tbk hereinafter
More informationAnnouncement of the Resolution Summary of the Annual General Meeting of Shareholders And Schedule and Procedures of Cash Dividend Distribution
Unofficial translation Announcement of the Resolution Summary of the Annual General Meeting of Shareholders And Schedule and Procedures of Cash Dividend Distribution PT Puradelta Lestari Tbk. Board of
More informationZeti Akhtar Aziz: Metamorphosis into an international islamic banking and financial hub
Zeti Akhtar Aziz: Metamorphosis into an international islamic banking and financial hub Special address by Dr Zeti Akhtar Aziz, Governor of the Central Bank of Malaysia, at the ASLI s World Islamic Economic
More informationSEACEN Bank Indonesia High Level Seminar for Deputy Governors Optimal Central Banking for Financial Stability Bali, Indonesia, 9-10 December 2010
SEACEN Bank Indonesia High Level Seminar for Deputy Governors Optimal Central Banking for Financial Stability Bali, Indonesia, 9-10 December 2010 The repercussion of the recent global financial crisis
More informationBANK INDONESIA REGULATION NUMBER 10/29/PBI/2008 CONCERNING INTRADAY LIQUIDITY FACILITY FOR COMMERCIAL BANK WITH THE BLESSING OF GOD ALMIGHTY
BANK INDONESIA REGULATION NUMBER 10/29/PBI/2008 CONCERNING INTRADAY LIQUIDITY FACILITY FOR COMMERCIAL BANK WITH THE BLESSING OF GOD ALMIGHTY THE GOVERNOR OF BANK INDONESIA Considering: a. that to support
More informationStatement by Dr. Ahmad Mohamed Ali, Chairman, IDB Group, at the Opening Ceremony of the IDB Group Country Gateway Office in Indonesia
Statement by Dr. Ahmad Mohamed Ali, Chairman, IDB Group, at the Opening Ceremony of the IDB Group Country Gateway Office in Indonesia 11 December 2014 Jakarta, Indonesia بسم الله الرحمن الرحيم Your Excellency
More informationRadovan Jelašić: Macroeconomic policy and export sector
Radovan Jelašić: Macroeconomic policy and export sector Speech by Mr Radovan Jelašić, Governor of the National Bank of Serbia, a the First Summit of Serbian Exporters, Belgrade, 8 November 2007. Ladies
More informationEP Hearing. Elke König, Chair of the Single Resolution Board. 4 December 2017
EP Hearing Elke König, Chair of the Single Resolution Board 4 December 2017 Mr Chairman, Honourable Members of Parliament, It is a pleasure to be here to address you and to talk with you about the achievements
More informationANNOUNCEMENT OF THE RESOLUTIONS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS. PT BANK RAKYAT INDONESIA (PERSERO) Tbk.
ANNOUNCEMENT OF THE RESOLUTIONS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS PT BANK RAKYAT INDONESIA (PERSERO) Tbk. The Board of Directors of PT Bank Rakyat Indonesia (Persero) Tbk. (hereinafter referred
More informationRisk appetite frameworks: good progress but still room for improvement
Risk appetite frameworks: good progress but still room for improvement Speech by Danièle Nouy, Chair of the Supervisory Board of the ECB, at a conference on banks risk appetite frameworks, Ljubljana, 10
More informationADDITIONAL INFORMATION AND OR AMENDMENTS TO THE INFORMATION DISCLOSURE TO SHAREHOLDERS OF PT BANK NUSANTARA PARAHYANGAN TBK
ADDITIONAL INFORMATION AND OR AMENDMENTS TO THE INFORMATION DISCLOSURE TO SHAREHOLDERS OF PT BANK NUSANTARA PARAHYANGAN TBK THE FINANCIAL SERVICES AUTHORITY ( OJK ) NEITHER GIVES ITS APPROVAL OR DISAPPROVAL
More informationChallenges in Effective Implementation of Central Bank s Monetary and Financial Stability Policy in Emerging Market Economies
Keynote Speech by Dr. Yuba Raj Khatiwada, Governor, Nepal Rastra Bank Challenges in Effective Implementation of Central Bank s Monetary and Financial Stability Policy in Emerging Market Economies Delivered
More informationBINUS INTERNATIONAL BINUS UNIVERSITY Accounting Major Sarjana Ekonomi Thesis Semester Even year 2009/2010
BINUS INTERNATIONAL BINUS UNIVERSITY Accounting Major Sarjana Ekonomi Thesis Semester Even year 2009/2010 THE EFFECTS OF FINANCIAL CRISIS ON CORPORATE SOCIAL RESPONSIBILITY (CSR), FINDING FROM BANKING
More informationStatement by. Vera Songwe, Under-Secretary-General of the United Nations. Executive Secretary of the Economic Commission for Africa
Statement by Vera Songwe, Under-Secretary-General of the United Nations Executive Secretary of the Economic Commission for Africa Fifty-second session of the Conference of African Ministers of Finance,
More information2016 ECONOMIC REPORT ON INDONESIA ISSN
2016 ECONOMIC REPORT ON INDONESIA ISSN 0522-2572 VISION To be a credible institution and the best central bank in the region by strengthening the strategic values held as well as through the achievement
More informationCENTRAL BANK OF THE GAMBIA
CENTRAL BANK OF THE GAMBIA REMARKS BY GOVERNOR MOMODOU BAMBA SAHO On the Occasion of the Official Inauguration and laying of foundation Stone for Banque Sahelo-Saherienne Pour L investissement et le Commerce
More informationThe Geneva Association: Setting Standards for 25 Years
The Geneva Association: Setting Standards for 25 Years by Drs. Jan Holsboer* The occasion of the 25th anniversary of the Geneva Association calls for a moment of reflection to look back on what has been
More informationCONCERNING SHARE OWNERSHIP AND CAPITAL OF SECURITIES COMPANY WITH THE BLESSING OF GOD THE ALMIGHTY
DUPLICATE OF MINISTER OF FINANCE REGULATION NUMBER 153/PMK.010/2010 CONCERNING SHARE OWNERSHIP AND CAPITAL OF SECURITIES COMPANY WITH THE BLESSING OF GOD THE ALMIGHTY Considering : a. that in order to
More informationThomas Jordan: Challenges facing the Swiss National Bank
Thomas Jordan: Challenges facing the Swiss National Bank Speech by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, to the General Meeting of Shareholders of the Swiss National
More informationSTEP MAURITIUS CONFERENCE 2013
Speech by His Excellency the President of the Republic of Mauritius on the occasion of the Official Opening at the STEP MAURITIUS CONFERENCE 2013 Le Meridien Hotel, Mauritius 09 April 2013 1 Mr. Nick Jacobs,
More informationINFORMATION DISCLOSURE TO THE SHAREHOLDERS OF PT ELANG MAHKOTA TEKNOLOGI TBK (The COMPANY )
INFORMATION DISCLOSURE TO THE SHAREHOLDERS OF PT ELANG MAHKOTA TEKNOLOGI TBK (The COMPANY ) This Information Disclosure is prepared for and aimed to the Shareholders for the compliance of the Financial
More informationINTRODUCTION TO INDONESIA FINANCIAL SERVICES AUTHORITY (OJK) Japan, October 2018
1 INTRODUCTION TO INDONESIA FINANCIAL SERVICES AUTHORITY (OJK) Japan, October 2018 2 Outline Indonesia Financial Services Authority (OJK) Non-Bank Financial Institutions (NBFI) NBFI - Insurance Background
More informationSeminar on Islamic Finance. Challenges in Developing Islamic Financial Services in Europe. 11 November 2009, Rome, Italy.
Seminar on Islamic Finance Challenges in Developing Islamic Financial Services in Europe 11 November 2009, Rome, Italy Speech by Professor Rifaat Ahmed Abdel Karim Secretary-General Islamic Financial Services
More informationREMARKS GOVERNOR CENTRAL BANK OF KENYA
REMARKS BY PROF. NJUGUNA NDUNG U GOVERNOR CENTRAL BANK OF KENYA at the BANK OF INDIA S 105 TH FOUNDATION DAY CELEBRATIONS Hotel Panafric, Nairobi Tuesday, September 07, 2010 Your Excellency Sibabrata Tripathi,
More informationOn behalf of The SEACEN Centre, I would like to extend to all of you a warm welcome to the SEACEN-IMF Course on Macroeconomic Diagnostics.
WELCOME REMARKS BY MR HOOKYU RHU EXECUTIVE DIRECTOR THE SEACEN CENTRE at the SEACEN-IMF COURSE ON MACROECONOMIC DIAGNOSTICS Sasana Kijang, Kuala Lumpur, 2 14 November 2014 Distinguished Resource Persons
More informationSTANDING COMMITTEE ON PROGRAMMES AND FINANCE. Twenty-third Session
Original: English 14 November 2018 STANDING COMMITTEE ON PROGRAMMES AND FINANCE Twenty-third Session STATEMENT BY THE DIRECTOR GENERAL Page 1 STATEMENT BY THE DIRECTOR GENERAL Introduction 1. Distinguished
More informationPT KIRANA MEGATARA ( ) ANNOUNCEMENT OF SUMMARY OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS AND THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
KIRANA MEGATARA PT KIRANA MEGATARA Tbk Domiciled in Jakarta Selatan ( the Company ) ANNOUNCEMENT OF SUMMARY OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS AND THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
More informationRemarks. Dr. C. L. Dhliwayo. Deputy Governor, Reserve Bank of Zimbabwe
Remarks by Dr. C. L. Dhliwayo Deputy Governor, Reserve Bank of Zimbabwe at the Banking, Finance & Insurance Conference and Exhibition held at the Harare International Conference Centre, Harare 29 July
More informationAddress by THE NATIONAL BANK OF KENYA
CENTRAL BANK OF KENYA Address by PROF. NJUGUNA NDUNG U GOVERNOR CENTRAL BANK OF KENYA at the OFFICIAL LAUNCH OF THE NATIONAL BANK OF KENYA SHARIA COMPLIANT BANKING THE NATIONAL AMANAH Sarova Stanley Hotel
More informationPlenary 3. Hedge Funds New Regulatory Challenges
Plenary 3 Hedge Funds New Regulatory Challenges Mr. Dan Waters Chair of IOSCO SC5 Sub-Committee on Hedge Fund Valuation Director of Retail Policy and Asset Management Sector Leader, Financial Services
More informationIndonesia s Financial Sector Policy Package
Indonesia s Financial Sector Policy Package Presentation at the Nigeria Financial System Strategy 2020 Workshop, Dec 18-20, Djauhari Sitorus Financial & Private Sector Development The World Bank Office
More informationFinancial Stability Board holds inaugural meeting in Basel
Press release Press enquiries: Basel +41 76 350 8430 Press.service@bis.org Ref no: 28/2009 27 June 2009 Financial Stability Board holds inaugural meeting in Basel The Financial Stability Board (FSB) held
More informationRBI-OECD Workshop Delivering Financial Literacy: Challenges, Strategies and Instruments. Welcome address by Deputy Governor (Dr K C Chakrabarty)
RBI-OECD Workshop Delivering Financial Literacy: Challenges, Strategies and Instruments Welcome address by Deputy Governor (Dr K C Chakrabarty) Mr. Pranab Mukherjee, Hon'ble Finance Minister, Government
More informationReport Summary of Studies on Economic Surveillance and Policy Dialogue in East Asia i
Report Summary of Studies on Economic Surveillance and Policy Dialogue in East Asia i Institute for International Monetary Affairs March 10, 2005 Manila, the Philippines The study group working on Economic
More information