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includes a report or information about: a. Risk exposure; b. Compliance with policies and procedures and

pricing limits as referred to in Section 7 and Section 8; and

c. The realization of the Risk Management performance as compared to the specified target.

(2) Reports or the information generated by the Risk Management information system as referred to in paragraph (1) is mandatory regularly by the Executive Director to the Board of Directors.

CHAPTER VI OF THE INTERNAL CONTROL SYSTEM

Part-General Parts

Article 12

LPEI is required to perform an effective internal control system against Implementation of activities and operations on all LPEI organization levels.

section 13

(1) The implementation of the internal control system as referred to in Article 12 is most less capable of precisely the time detecting weaknesses and deviation occurring.

(2) The internal control system as In question, you will be required to do so. Compliance with applicable laws and policies or provisions of LPEI;

b. the availability of complete, accurate, accurate, and timely management of financial and management information;

c. effectiveness and efficiency in operational activities; and d. Risk culture effectiveness (risk culture) at the organization

LPEI thoroughly.

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Second Section of the Intern Control System

in Risk Management Application Section 14

(1) Internal control system in the application of Risk Management as contemplated in Section 2 of the paragraph (2) d least of all: a. the conformity of the internal control system with the type and

The risk level attached to the activities of the LPEI business; b. the designation of authoring and responsibility for

monitoring of policy compliance, procedures and limits as referred to in Section 7 and Section 8;

c. the assignment of the operating workspace of the unit of operation to the working unit carrying out control functions;

d. a clear separation of functions between the operational work unit and the working unit carrying out the control function;

e. organization ' s structure that describes clearly LPEI business activities;

f. Financial reporting and accurate and timely operating activities;

g. The adequate of the procedure to ensure LPEI compliance with the applicable laws;

h. Effective, independent, and objective rework of the LPEI operating activities assessment procedure;

i. Adequate testing and review of Risk Management information systems;

j. the complete and complete documentation of the operational procedures, audit coverage and findings, and response to the audit results; and

k. Verification and review is periodically and continuous against the handling of the material flaws and actions to correct the deviations that occur.

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(2) The assessment of the internal control system in the application of Risk Management as referred to in paragraph (1) is mandatory by an internal audit work unit (SKAI).

BAB VII ORGANIZATION AND RISK MANAGEMENT FUNCTIONS

Section Parts General

Section 15

In order for effective implementation of the Process and Risk Management system as referred to in Section 2, the LPEI is mandatory to form: a. Risk monitoring committee; b. Risk management committee; and c. Risk Management work unit.

The Second Part Risk Monitoring Committee

Article 16

(1) The Risk monitoring Committee as referred to in Article 15 of the letter a consists of: a. 1 (one) a member of the Board of Directors as chairman; b. 1 (one) independent party person who has the expertise

in the field of risk management as a member; and c. 1 (one) independent party person who has the expertise

in the finance field as a member. (2) The Risk monitoring Committee as referred to in paragraph

(1) is responsible for regular assessments and provides recommendations on the risks of the business in relation to LPEI's most understated national export financing. by doing: a. evaluation of the suitability between Management policies

The risks with the implementation of policies; and b. monitoring and evaluation of execution of job unit tasks

Risk Management.

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Third Part Risk Management Committee

Section 17

(1) The Risk Management Committee as referred to in Article 15 of the letter b is least composed of Managing Director and one-level officials below Managing Director.

(2) The Risk Management Committee as referred to in Article 15 of the letter b is in charge of providing recommendations to the top Executive Director: a. Drafting of policies, strategies, and application guidelines

Risk Management; b. repair or refinement of the Management implementation

Risk based on execution evaluation results; and c. designation (definition) of things related to

business decisions that deviate from normal procedures (irregularities).

The Fourth Section of Risk Management Workforce

Section 18

(1) Risk Management Workforce as referred to in Section 15 of the letter c must be independent of the operational work unit (risk-taking unit) and against work unit performing an internal control function.

(2) Risk Management workunit as referred to in paragraph (1) is directly responsible to the Executive Director or to the Managing Director specifically.

(3) The task of the least included Risk Management work unit includes: a. monitoring the execution of Risk Management strategies; b. monitoring overall risk positions (composite),

per type of risk and per activity type as well as performing stress testing;

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c. re-review periodically against the Risk Management process;

d. Examine the activities of the new product and/or new product; e. evaluate against the accuracy of the model and the validity of the data

which is used to measure the Risk; f. provide recommendations to the work unit

operational (risk taking unit) as per the authority it has; and

g. Build and deliver a profile report/composition report to the Executive Director or a specially commissioned Managing Director.

The Fifth Section of the Operational Work Unitp>Risk Control Section 9

(1) The LPEI is required to perform the identification, measurement, monitoring, and control management process referred to in Section 2 of the paragraph (2) of the whole Material (risk factors) risk factors

(2) Identification, measurement, monitoring, and monitoring processes in paragraph (1) are required to be supported by: a. a timely risk management information system;

and b. Accurate and informative reports on the conditions

financial, performance, and risk exposure of LPEI.

section 10

(1) The implementation of mandatory Risk Control processes is used to manage risks that could compromise the survival of LPEI efforts.

(2) In performing the market risk control function and liquidity risk as referred to in Article 3 of the letter b and the letter c, LPEI is most underapplying Assets and Liabilities Management (ALMA).

The

with the Risk Management Workforce Section 19

Operational work unit (risk taking unit) as referred to in Section 18 of the paragraph (1) is required to inform the risk exposure attached to the unit of work concerned to the Risk Management work unit on a regular basis.

BAB VIII RISK MANAGEMENT OF NEW PRODUCTS AND ACTIVITIES

Article 20

(1) In the course of the risk management attached to new products and activities, LPEI is required to have the policies and procedures in writing.

(2) The policies and procedures referred to in paragraph (1) are most less than: a. systems and procedures (standard operating procedures)

and authority in the management of new products and activities;

b. identification of all risks associated with new products and activities;

c. test methods of measurement methods and risk monitoring of new products and activities;

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d. accounting information systems for new products and activities; and

e. analysis of legal aspects for new products and activities.

Article 21

LPEI is required to disclose the inherent risk of new products and activities as referred to in Section 20 of the paragraph (2) letter b to the nasabah.

CHAPTER IX REPORTING

Section 22

(1) The Risk Profile report to the Minister.

(2) The Risk Profile Report as referred to paragraph (1) is delivered quarterly for the March, June, September position, and December.

(3) The Risk Profile Report as referred to in paragraph (1) delivered at most one (one) month since the report period ended.

(4) The Executive Director delivered the report as referred to in paragraph (1) after the end of the month until the second month since the report period ended up being imposed on sanctions administrative is an oral reprimand.

(5) In terms of LPEI has not delivered a report as referred to in paragraph (1) until the second month since the report period is ended in administrative sanction as referred to in Article 27 of the paragraph (2), paragraph (3), and paragraph (4).

Article 23

The report as referred to in Article 22 is delivered to the Minister c.q. Modal Market Supervising Board and Financial Institution with the address of the Sumitro Djojohadikusumo Building, East Bull Square Road Number 2-4, Central Jakarta 10710.

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Section 24

(1) The Executive Director is required to submit a report of any new product and activity publishing to the Board of Directors.

(2) The report as referred to in paragraph (1) is mandatory the most 7 (7) days of work since new products and activities are intended to be effective.

CHAPTER X ASSESSMENT OF RISK MANAGEMENT APPLICATION

Article 25

The Minister can conduct an assessment of the application of Risk Management on LPEI.

Article 26

LPEI is required to provide data and information related to the application of Risk Management to the Minister.

CHAPTER XI SANCTION Article 27

(1) Member of the Board of Directors, Executive Director, and Managing Director who: a. Causes LPEI to be unable to meet the provisions

Section 2, Section 4 of Section 8, Section 9, Section 10, Section 11, Section 11, Section 12, Section 13, Section 14, Section 15, Section 16, Section 16, Section 17, Section 17, Section 18, Section 18, Section 20, Section 20, Section 21, Section 21, Section 21, Section 11, Section 11, Section 21, Section 21, Section 21, Section 21, Section 21, Section 11, Section 21, Section

b. not fulfilling the provisions of Article 5 and Section 6, the administrative sanction of a written reprimand.

(2) the administrative sanction of a written reprimand as referred to in paragraph (1) may be given in form: a. The Kesatu Memorial Letter, with a term of 1 (one)

month;

2009, No. 278 14

b. Second Warning Letter, with a term of 1 (one) month; and

c. Third Warning Letter, with a term of 1 (one) month.

(3) administrative sanctions as referred to in paragraph (2) are subject to a member of the Board of Directors, Executive Director, and the Managing Director committing the offence.

(4) In the event of the term the Third Anniversary Letter ends and the members of the Board of Directors, the Executive Director, and the Managing Director have not met the provisions as referred to in paragraph (1), then: a. member of the Board of Directors and Executive Director who

is concerned to be dismissed by the Minister under the provisions of Article 15 paragraph (1) letter of the Regulation of the Finance Minister Number 106 /PMK.06/ 2009 on the Governing Manner, The Rapture And Termination of the Board of Directors of Indonesia ' s Export Financing Agency; or

b. The Managing Director may be dismissed by the Board of Directors under the terms set forth by the Board of Directors.

Section 28

(1) The LPEI employee may not comply with the provisions of Article 2, Section 8, Article 9, Article 10, Section 5. 12, Section 13, Section 14, Section 17, section 17, Article 18, Article 19, Article 21, and Article 26 are subject to administrative sanction of an oral reprimand, written reprimand, or dismissal.

(2) administrative sanction of an oral reprimand as contemplated on paragraph (1) is provided in the form of a coaching language that is coaching.

(3) The administrative sanction of a written reprimand as referred to in paragraph (1) is given in form: a. The Kesatu Memorial Letter, with a term of 1 (one)

month;

2009, No. 278 15

b. Second Warning Letter, with a term of 1 (one) month; and

c. Third Letter of Remembrance, with a term of 1 (one) month.

(4) In the case of the term the third letter of Remembrance ends and the employee in question has not fulfilled the terms as referred to in paragraph (1), then the employee is concerned may be dismissed.

(5) The introduction of administrative sanction as referred to in paragraph (1), paragraph (2), paragraph (3), and paragraph (4) is exercised in accordance with the provisions governing the LPEI staffing system.

BAB XII CLOSING provisions

Article 29

This Finance Minister Regulation is beginning to take effect on the date of the promulcity.

For everyone to know it, ordered the authoring of this Finance Minister Regulation with its discoverer in the News of the Republic of Indonesia.

Specified in Jakarta on 31 August 2009 MINISTER OF FINANCE REPUBLIC OF INDONESIA, SRI MULYANI INDRAWATI

PROMULGATED IN JAKARTA ON 31 AUGUST 2009 MINISTER OF LAW AND HUMAN RIGHTS REPUBLIC OF INDONESIA, ANDI MATTALATTA