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Bank Indonesia Regulation Number 7/3/pbi/2005 2005

Original Language Title: Peraturan Bank Indonesia Nomor 7/31/PBI/2005 Tahun 2005

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arty with the Bank if the Bank does not forward

(pass-on) the transaction is related to the Bank on the same time and number

simultaneously simultaneously to other Banks that are not related parties.

(3) The related party as referred to in paragraph (1) and paragraph (2) refers

on the understanding of the Associated IBM Side of the Bank as intended

in the terms of the Bank of Indonesia that applies about the Maximum Boundary

General Bank Credit.

Section 6

The bank is prohibited from providing credit and or cerukan facilities (overdraft) for

Transaction needs. Derivatives to Nasabah include the fulfilment of Margin

Deposit in Margin Trading Order .

Article 7 ...

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Article 7

(1) The bank may only perform a Derivative Transaction which is its value

is a derivative of the foreign exchange and or interest rate.

(2) The Derivative Transactions whose value is a derivative of the foreign exchange

and or interest rates as referred to in paragraph (1) include,

but not limited to:

a. forward, swap, option, currency futurestransaction, and transaction

with valuta today and tomorrow are disintegrated as

Derivative transactions; and or

b. interest rate swap, interest rate option, FRAs, and interest rate

futures.

(3) The bank is prohibited from Margin Trading of foreign valuations against

the rupiah is good for both self-interest and for the benefit of the

nasabah and perform Derivative Transactions outside the transaction

as referred to in paragraph (1).

Section 8

(1) Bank losses due to Derivatives Transactions are at least 10% (ten

perhundred) of Capital Bank cumulatively in the year running.

(2) The bank's loss limits are at least 10% as

referred to paragraph (1) is excluded for the loss of a Transaction

Derivatives not in set-off with non-transaction profits

derivatives directly related to the Derivative Transaction are referred to.

3. In terms of ...

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(3) In terms of bank losses reaching more than 10% (ten perhundred)

of Capital Bank, the Bank is prohibited from conducting new Derivative Transactions as well as

is required to report to the Bank of Indonesia regarding the action to

is done to address the slowest loss on the working day

next.

Article 9

(1) The bank that performs the Margin Trading Transaction for the benefit

nasabah without being followed by a funding move or the mandatory instrument requests

nasabah to meet:

a. Margin Deposit at least 10% (ten perhundred) of pagu

Transactions Margin Trading;and

b. Maintenance Margin at least 50% (fifty perhundred) of

Margin Deposit;

(2) The bank is required to do Margin Call to the customers in terms of Margin

Deposit has reached Maintenance Margin.

(3) The bank is obliged to stop Derivative Transaction's activities for

nasabah interest if after the Margin Call nasabah

does not perform the slowest addition of work day

Next.

(4) The bank is required to report a weekly report

regarding the Derivatives of the Derivatives and the special report in

when the customer's position is considered to be quite dangerous, that is,

Nasabah is facing Possible losses, so that

resulted ...

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resulting in a Margin Deposit available unable to close

loss.

Article 10

(1) The bank is required to submit weekly reports to Bank Indonesia

regarding the Derivative Transaction in accordance with the Transaction Report Format

Derivatives of the Bank-Bank as set forth in Appendix 1 and 2

which includes:

a. loss/profit; and

b. Derivative Transaction Position, whether for the benefit of the bank itself

or for the benefit of the customer.

(2) The weekly report as referred to in paragraph (1) is set with

the period as follows:

a. First-week reports start date 1 (one) to

date 7 (seven).

b. The second week of the report starts at 8 (eight) to the

date 15 (fifteen).

c. Third week's report period starts at 16 (sixteen) to

with a date of 23 (twenty-three).

d. Fourth week reports start date 24 (twenty-four)

up to the end of the month.

(3) The report referred to the paragraph (1) is required to

The Bank of Indonesia is the slowest 7 (seven) business days after

report period.

(4) The reporting time limit of the report as referred to in paragraph (3)

includes the time to pass the report correction.

Article 11 ...

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Section 11

(1) the bank committing a violation of Section 2 of the paragraph (2), Section 3,

Article 4, Section 5, Section 6, Section 7, Section 8, Article 9 and Section 10 are imposed

administrative sanction of a reprimand written and liabilities paid

by 10% (ten per hundred) of the nominal value of the transaction that

violated.

(2) The total liabilities paid for the transaction as referred to in

the paragraph (1) of the most Rp.27,000,000,000 (twenty-seven

billion rupiah) in 1 calendar year.

Section 12

The Bank is on When the Bank of Indonesia Regulation is still

has a position (outstanding) of Derivative Transactions as intended

in Section 7 and not due, then 1 (one) months after

the Bank Regulation is effective. This Indonesia Bank is obliged to dilue the position

that.

Article 13

With the enactment of the Regulation of the Bank of Indonesia, then the Decree

The Bank of Indonesia No. 28/119/KEP/DIR dated 29 December 1995

on the Derivative Transaction was revoked and declared not applicable.

Article 14 ...

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Article 14

The Bank of Indonesia Regulation entered into force on 15 September 2005.

Set in Jakarta

On September 13, 2005

GOVERNOR OF THE BANK OF INDONESIA,

BURHANUDDIN ABDULLAH

SHEET COUNTRY REPUBLIC OF INDONESIA 2005 NUMBER 85

DPD

argin Trading contract, in addition to covering the material

as referred to in paragraph (4) is also required to contain things as

following:

a. Amount ....

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a. Margin of Deposit;

b. Maintenance Margin specified; and

c. the rights and obligations of the nasabah.

(6) Contracts as referred to in paragraph (4) and paragraph (5) are mandatory

in large letter sizes so that it is easy to read.

Section 5

(1) The bank is prohibited from maintaining the position of Derivative Transactions performed

by the related parties with the Bank.

(2) The Bank is considered to maintain a position on the Derivative Transaction that

is carried out by the associated p