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

    BoE Seeks Information Before Migrating Statistical Reporting to BEEDS

    The Bank of England (BoE) published the Statistical Notice 2021/09 requiring additional information from firms and software vendors to assist in the onboarding and testing phases for migrating statistical reporting to the BEEDS portal.

    October 25, 2021 WebPage Regulatory News
    News

    FCA Publishes Final Rules on Investment Firms Prudential Regime

    The Financial Conduct Authority (FCA) published the final rules on the Investment Firms Prudential Regime (IFPR) to streamline and simplify the prudential requirements for solo-regulated UK firms authorized under the Markets in Financial Instruments Directive (MiFID).

    October 25, 2021 WebPage Regulatory News
    News

    CFRF Publishes Guides to Manage Financial Risks from Climate Change

    The working groups of the Climate Financial Risk Forum (CFRF) published a second round of guides (or Session 2 guides), written by the industry for the industry, to help financial firms manage climate-related financial risks.

    October 21, 2021 WebPage Regulatory News
    News

    PRA Finalizes Policy for Non-Performing Exposure Securitizations

    The Prudential Regulation Authority (PRA) published the final Policy Statement PS24/21 that contains the new Non-Performing Exposures Securitization Part of the PRA Rulebook and an updated Supervisory Statement SS10/18 on the general requirements and capital framework with respect to securitizations.

    October 21, 2021 WebPage Regulatory News
    News

    EBA Updates Filing Rules for Supervisory Reporting

    The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting.

    October 19, 2021 WebPage Regulatory News
    News

    ECB Amends Guideline on Procedures for Collection of AnaCredit Data

    The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.

    October 19, 2021 WebPage Regulatory News
    News

    ECB Amends Guideline on Procedures for Collection of AnaCredit Data

    The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.

    October 19, 2021 WebPage Regulatory News
    News

    EBA Publishes Standards on Disclosure of Investment Policy Under IFR

    The European Banking Authority (EBA) published the final draft regulatory technical standards on disclosure of investment policy by investment firms, under the Investment Firms Regulation (IFR).

    October 19, 2021 WebPage Regulatory News
    News

    EU to Explore Potential of Establishing a Joint Cyber Unit

    The European Council adopted conclusions inviting the European Union (EU) and the member states to further develop the cybersecurity crisis management framework.

    October 19, 2021 WebPage Regulatory News
    News

    EC Sets Out Work Program for 2022

    The European Commission (EC) adopted the work program for 2022.

    October 19, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7598