OJK launched a consultation on submission of reports through the integrated reporting portal, with the consultation closing on July 17, 2019. OJK, Bank Indonesia, and the Indonesian Deposit Insurance Corporation need to optimize cooperation and coordination to improve efficiency and minimize duplication of reporting by banks. Therefore, an effective and efficient mechanism, for use by banks, for reporting to the OJK, the Bank Indonesia and the Indonesia Deposit Insurance Corporation is needed and use of the integrated reporting portal can help achieve this goal.
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Comment Due Date: July 17, 2019
Keywords: Asia Pacific, Indonesia, Banking, Reporting, Integrated Reporting Portal, Bank Indonesia, OJK
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The Bank of England (BoE) published a consultation paper on approach to setting minimum requirement for own funds and eligible liabilities (MREL), an operational guide on executing bail-in, and a statement from the Deputy Governor Dave Ramsden.
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