OJK published a circular (Number/SEOJK. 05/2019), which amends Circular Number 4/SEOJK.05/2016, on monthly reports of Shariah finance companies and Shariah business units of financing companies. Responses were requested until September 06, 2019. Circular Number/SEOJK. 05/2019 shall come into force on December 01, 2019.
The key amendments to Circular Number 4/SEOJK.05/2016 include the following:
- Appendix I on form, composition, and guidelines for preparation of monthly reports has been amended.
- Appendix II on format of application for changes in the board of directors that are responsible for the monthly reporting has been amended.
- Appendix III on application format for user code (user id) and password for monthly report system has been amended.
- Appendix IV on format of application for changes to user code (user id) and password application of monthly report system has been amended.
Related Links (in Indonesian)
Comment Due Date: September 06, 2019
Effective Date: December 01, 2019
Keywords: Asia Pacific, Indonesia, Banking, Reporting, Islamic Banking, Shariah, OJK
APRA announced the standardization of quarterly reporting due dates for authorized deposit-taking institutions.
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.
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).
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).
Asia Pacific Australia Banking APS 111 Capital Adequacy Regulatory Capital Basel RBNZ APRA
ESMA published the final guidelines on outsourcing to cloud service providers.
EBA published annual data for two key concepts and indicators in the Deposit Guarantee Schemes (DGS) Directive—available financial means and covered deposits.
OSFI has set out the schedule for release of draft guidance on the management of technology risks by federally regulated financial institutions and private pension plans.
MAS updated rules for new housing loans by banks and finance companies.
HKMA published a statement on the 100% Personal Loan Guarantee Scheme and a guideline on the Green and Sustainable Finance Grant Scheme (GSF Grant Scheme) as announced in the 2021-22 Budget.