Key Benefits:
11. The provisions of Section 30 are amended so that it reads as follows:
Section 30
(1) The bank in violation of the provisions as referred to in Article 3 of the paragraph (1), Section 4 of the paragraph (2), Section 5 of the paragraph (2), Section 5 of the paragraph (4), Section 7, Section 13, Section 14, Section 14, Section 14, Section 14, Section 14, Section 14 (1), Section 15 of the paragraph (2), Section 17, Section 18 of the paragraph (2), Article 19 of the paragraph (1), Section 22 of the paragraph (1), Section 23 of the paragraph (1), Section 23 of the paragraph (2), Section 24, Section 25 of the paragraph (2), Section 25 of the paragraph (3), Section 25 of the paragraph (4), Section 25 of the paragraph (5), Section 25 of the paragraph (5), Section 25 of the paragraph (5), and/or Section 25 of the paragraph (6), and the following sections ( Administrative sanction is a written reprimand and sanctions liability pay of 1% (one percent) of the value The nominal transaction is violated for any violation, with the least amount of sanctions amountdown to Rp10,000.00 (ten million rupiah) and the most Rp1,000.000.00 (one billion rupiah).
(2) The nominal value calculation of the transaction violated as referred to in paragraph (1) is set as follows:
a. the difference between the total value of the Foreign Valuta Transaction Against Rupiah at a certain amount (threshold) of the fulfillment obligations of Underlying Transaction; or
b. The total value value of the Foreign Valuta Transaction Against Rupiah is not supported with Underlying Transaction in terms of the nominal value of the transaction under certain amounts (threshold) but is done netting.
(3) The Count The payment of the payment obligations as referred to in paragraph (1) uses the kurs Jakarta Interbank Spot Dollar Rate (JISDOR) on the date of the breach.
12. Between Section 32 and Section 33 of this section, Section 32A, which reads as follows:
Section 32A
All terms of the Derivative Transactions are listed in the Regulation of the Bank of Indonesia Number 16 /17/PBI/2014 on Transactions The Foreign Exchange of Rupiah Between the Bank and the Foreign and its implementation rules, must be read as the Derivative Transaction of Valuta's Derivatives of Rupiah as intended in
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2015, No. 1179
This Bank of Indonesia Regulation.
Article II
The Bank of Indonesia Regulation is beginning to take effect on the date of the promulcity.
For everyone to know it, ordered the invitational of the Bank of Indonesia Regulation this with its placement in the State Sheet of the Republic of Indonesia.
Set in Jakarta
on May 29, 2015
GOVERNOR OF THE BANK OF INDONESIA,
AGUS D. W. MARTOWARDOJO
Reundleted in Jakarta
on the 1st June 2015
MINISTER OF LAW AND HUMAN RIGHTS REPUBLIC OF INDONESIA,
YASONNA H. LAOLY
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7. The provisions of Article 10 are deleted.
8. The provisions of Article 11 are deleted.
9. The provisions of Article 19 are amended so that it reads as follows:
Article 19
(1) The Transaction Settlement Spot between the Bank with Foreign Parties is required with the full transfer of the principal funds.
(2) The Settlement of Transactions Foreign Valuta Derivatives against Rupiah between the Bank with Foreign Parties may be performed netting or with the full transfer of the principal funds.
(3) Complevative Transaction Derivatives of Valuta Against Rupiah between the Bank and the Parties Foreigners that can be done netting as referred to in paragraph (2) only apply to the transaction extension (roll over), the completion acceleration
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transactions (early termination), and termination of the transaction (unwind).
10. The provisions of Article 25 are amended so that it reads as follows:
Article 25
(1) The Bank ensures that the Foreign Party delivers the Underlying Transaction Document and/or the supporting documents of the Foreign Valuta Transaction Against Rupiah for purchase The foreign exchange of Rupiah through the Transaction Spot as referred to in Section 22 and the Derivative Transaction of Valuta against Rupiah as referred to in Article 23 of the transaction date for any transaction.
(2) Documents Underlying Transaction and supporting documents as referred to in paragraph (1) for a Spot Transaction is mandatory for the slowest bank on the date of valuation.
(3) Document Underlying Transaction and supporting documents as referred to in paragraph (1) for the Derivative Transaction of Valuta Against Rupiah is mandatory accepted by the slowest bank on 5 (five) business days after the transaction date.
(4) In the case of the Derivatives Of Foreign Valuta Transaction as referred to in paragraph (3) has a falling date of less than 5 (five) business days after the date of the transaction, the Underlying Transaction Document and the supporting documents Foreign Exchange Derivatives Transactions Against Rupiah are meant to be mandatory by the slowest Bank on a time-fall date.
(5) Documents Underlying Transactions and documents supporting the Derivatives of Derivative Valuta against Rupiah until with certain amounts (threshold) that completion will be done netting is mandatory for the slowest Bank:
a. on the date of valuation in terms of the renewal of the transaction (roll over), the acceleration of the transaction settlement (early termination), and the termination of the transaction (unwind) performed through the Transaction Spot;
b. 5 (5) business days from the date of transaction in terms of transaction extension (roll over), acceleration completion of transactions (early termination), and termination of transactions (unwind) performed through the Derivative Transaction of Foreign Valuta Transaction Against Rupiah; or
c. on a fall date in the event of a transaction extension (roll over), the acceleration of the transaction settlement (early termination), and termination of the transaction (unwind) is done via Transaction Foreign Valuta Derivative Against Rupiah
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which has a falling date of less than 5 (five) business days.
(6) Documents Underlying Transaction in the framework of the Rupiah Tvative Transactions Against Rupiah is a transaction based on a contract or payment agreement whose value is a derivative of the foreign exchange rate and Rupiah, or a combined derivative of the foreign exchange rate. And Rupiah and the interest rate (foreign exchange and Rupiah), as long as it is not a structured product of a foreign exchange against Rupiah.
12. Prime Bank is a bank that has a particular investment rating from the ranking and total assets included in the 200 (two hundred) major world based on information that
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listed in the Banker's Almanac.
2. The provisions of Article 2 are amended so that it reads as follows:
Article 2
(1) The Bank may perform a Foreign Valuta Transaction against Rupiah with a Foreign Party on th
