Indonesia
Asia set to boost currency attack defences
Japan, China and South Korea are set to join forces to bolster Asia's defences against currency speculators despite diplomatic tensions that had threatened to derail economic cooperation.
Interview with Bank Indonesia's deputy governor
In an interview published this week, Bank Indonesia senior deputy governor Miranda Gultom said the central bank is preparing to introduce new money-market instruments to address the alarming sag in the local currency and perceived shortcomings of present…
Indonesia's cb issues new banking regulations
Bank Indonesia is to issue eight new banking regulations on Tuesday 25 January, including relaxation of the legal lending limit and a guideline on the granting of credits to disaster-affected customers, central bank's governor Burhanuddin Abdullah said.
President calls for BI supervisory board
Indonesia's President Susilo Bambang Yudhoyono has demanded the immediate setting up of a Bank Indonesia (BI) supervisory board as required under the new central bank law, according to Finance Minister Jusuf Anwar.
BI to issue new banking regulations
Bank Indonesia will soon release two crucial regulations to accelerate banking activities, strengthen banking institutions and to boost real economic sectors, including small-to medium enterprises (SMEs), BI governor Burhanuddin Abdullah said.
Indonesia acquits former central bank chief
Indonesia's top court has reportedly acquitted the former governor of thecountry's central bank, Bank Indonesia, on all charges relating to a multi million dollar scandal.
Goeltom new Bank Indonesia senior deputy governor
In a ceremony at the Bank Indonesia Head Office in Jakarta this week, the Governor of Bank Indonesia Burhanuddin Abdullah presided over the formal handover of the position of Senior Deputy Governor Anwar Nasution to Miranda Swaray Goeltom.
Bank Indonesia names senior deputy governor
Miranda S Goeltom, former deputy governor of Bank Indonesia (BI) was elected senior deputy governor of the central bank after undergoing a fit and proper test by Commission IX of the House of Representatives in Jakarta last Tuesday, 8 June.
Top Islamic bankers meeting in Bali
The Islamic world's top central bankers are meeting in Bali to tackle problems ranging from personnel to paperwork that hinder Islamic banking.
Three BI insiders proposed for senior dep governor
President Megawati has proposed three names from within Bank Indonesia as candidates for the post of senior deputy governor, reflecting the government's intention to pick someone who is already familiar with the central bank's working environment.
Bank Indonesia seeks replacement deputy governor
President Director ECW Nelloe of Bank Mandiri said on Wednesday (18 Feb) that he was not prepared to be nominated for the post of senior deputy governor of Bank Indonesia.
BI aims for skills increase in staff
Supervisory staff at Bank Indonesia will be required to receive competence certificates under new measures to improve the banking industry.
Indonesian police to question Sabirin
Police in Indonesia plan to question former central bank governor Syahril Sabirin next week in connection with a corruption case.
Indonesia to get anti money-laundering committee
The Indonesian government has set up a national committee to coordinate strategy in combating money laundering following the passage of the new Money Laundering Law last year.
Counterfeit money major concern for SEACEN
Money counterfeiting has become a central issue for member countries in the South East Asian Central Bank (SEACEN), Bank Indonesia (BI) Deputy Governor Maulana R. Ibrahim said on Monday 5 January.
BI hands over money laundering authority to PTATK
Bank Indonesia has handed over the handling of suspicion transaction reports from banks to the PTATK in accordance with a new law, acording to a report by AFX Asia. The Financial Action Task Force on anti-money laundering had pressed for the new law to…
Supervisory body to boost BI's accountability
Indonesia's Minister of Finance, Boediono, has repeated the importance of establishing a supervisory board for Bank Indonesia's board of governors, a report in the Jakarta Post said. The idea has been opposed by Bank Indonesia but is meant to strengthen…
Indonesia behind on FATF AML deadline
Indonesia looks set to miss an FATF deadline to strengthen its anti-moneylaundering measures and could face penalties on its international financial transactions as a result, a senior central bank official told Dow Jones.
Bank Indonesia and government resolve disagreement
Bank Indonesia has resolved a long-standing dispute with its government, according to Dow Jones. The problem concerned the aftermath of the Asian financial crisis over how to account for the emergency funding. The resolution should see the government's…
BIS Board invites new member central banks to join
The Bank for International Settlements (BIS) Board has invited six central banks to BIS membership and appointed Hans Tietmeyer as Vice-Chairman of the Board of Directors of the BIS, 30 June.
Anti-money laundering FATF urge Indonesia to act
The Financial Action Task Force on Money Laundering could impose high-risk premiums on all financial transactions by Indonesian financial institutions if the government fails to amend the current anti-money laundering law by September, Dow Jones reports,
Bank Indonesia gov will monitor capital inflows
The recently appointed governor of Indonesia's central bank said that the bank will aim to maintain stability of the rupiah and will monitor capital inflows, according to Dow Jones.
Indonesia's parliament names new deputy governor
Hartadi Sarwono was elected as a deputy governor of Bank Indonesia on Tuesday 20 May by a parliamentary committee and Burhanuddin Abdullah was sworn in as the new governor of the central bank, according to a Dow Jones report.
Indonesia announces new central bank governor
A parliamentary commission on Monday 12 May selected Burhanuddin Abdullah to head Indonesia's central bank, according to a report by Channel News Asia Mr Burhanuddin won 34 votes from commission members while current central bank deputy governor Miranda…