Featured Product

    BI, OJK, and LPS Establish Integrated Reporting Portal for Banks

    December 20, 2019

    Bank Indonesia (BI), OJK, and Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan or LPS) have agreed to integrate banking sector reporting through one-portal mechanism called Reporting.id, starting from December 31, 2019. This integration was built to minimize redundant and inconsistent information and improve efficiency in bank operations, considering that banks have been reporting data to three authorities through separate applications. The integration of reporting is also aimed at improving the quality of reporting data and creating a Banking Data Unit to realize the means of exchanging and accessing banking data needed at any time by each authority.

    Prior to the implementation of Reporting.id, banks submitted nine types of reports to the authorities through several separate applications. The nine types of reports integrated through the Reporting.id are:

    • Commercial Bank Daily Report (LHBU)
    • Commercial Bank Periodic Report (LBBU)
    • Islamic Commercial Bank Periodic Report (LBBUS)
    • Commercial Bank Monthly Report (LBU)
    • Report on Monetary Stability and Islamic Commercial Bank Monthly Financial System (LSMK-BUS)
    • Commercial Bank Headquarters Report (LKPBU)
    • Rural Credit Bank Monthly Report (LBBPR)
    • Sharia Rural Bank Monthly Report (LBBPRS)
    • Commercial Bank Monthly Financial Report (LKBBU)

     

    Related Link (in Indonesian): Joint Press Release

    Keywords: Asia Pacific, Indonesia, Banking, Islamic Banking, Reporting, Reporting.id, Integrated Reporting Portal, Bank Indonesia, LPS, OJK

    Featured Experts
    Related Articles
    News

    EC Regulation Sets Out Standards for Reporting and Disclosure of MREL

    EC published the Implementing Regulation 2021/763 that lays down implementing technical standards for supervisory reporting and public disclosure of the minimum requirement for own funds and eligible liabilities (MREL).

    May 12, 2021 WebPage Regulatory News
    News

    APRA Decides to Standardize Submission Date for Quarterly Reporting

    APRA announced the standardization of quarterly reporting due dates for authorized deposit-taking institutions.

    May 11, 2021 WebPage Regulatory News
    News

    ECB Working Group Publishes Recommendations on EURIBOR Fallbacks

    The private sector working group of ECB on euro risk-free rates published the recommendations to address events that would trigger fallbacks in the Euro Interbank Offered Rate (EURIBOR)-related contracts, along with the €STR-based EURIBOR fallback rates (rates that could be used if a fallback is triggered).

    May 11, 2021 WebPage Regulatory News
    News

    Bundesbank Publishes Supporting Documentation for Reporting by Banks

    Bundesbank published a list of "EntryPoints" that are accepted in its reporting system; the list provides taxonomy version and name of the module against each EntryPoint.

    May 11, 2021 WebPage Regulatory News
    News

    EBA Publishes Phase 1 of Reporting Framework 3.1

    EBA published the phase 1 of its reporting framework 3.1, with the technical package covering the new reporting requirements for investment firms (under the implementing technical standards on investment firms reporting).

    May 10, 2021 WebPage Regulatory News
    News

    APRA to Finalize Capital Adequacy Standard Revisions by January 2022

    Asia Pacific Australia Banking APS 111 Capital Adequacy Regulatory Capital Basel RBNZ APRA

    May 10, 2021 WebPage Regulatory News
    News

    ESMA Issues Guidelines on Outsourcing to Cloud Service Providers

    ESMA published the final guidelines on outsourcing to cloud service providers.

    May 10, 2021 WebPage Regulatory News
    News

    EBA Publishes Data on Deposit Guarantee Schemes

    EBA published annual data for two key concepts and indicators in the Deposit Guarantee Schemes (DGS) Directive—available financial means and covered deposits.

    May 10, 2021 WebPage Regulatory News
    News

    OSFI Sets Out Plan for Future Guidance on Managing Technology Risk

    OSFI has set out the schedule for release of draft guidance on the management of technology risks by federally regulated financial institutions and private pension plans.

    May 10, 2021 WebPage Regulatory News
    News

    MAS Updates Housing Loan Rules, Proposes Corporate Governance Guidance

    MAS updated rules for new housing loans by banks and finance companies.

    May 10, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6964