JPLUS
Preparing better for crisis, also for smaller banks
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Djono SubagjoDirector of risk advisory at FIS
Jakarta |
Tue, March 14, 2017
| 05:06 pm
The Financial Services Authority (OJK) recently announced that it planned to issue a guideline on internal recovery planning for 12 systemic banks as part of its efforts to shield the economy from a major bank failure. (JP/File)
PREMIUM The Financial Services Authority (OJK) recently announced that it planned to issue a guideline on internal recovery planning for 12 systemic banks as part of its efforts to shield the economy from a major bank failure. A recovery plan sets out actions that a bank will take to restore its viability in the case of significant deterioration of its financial condition. The OJK rule on this subject ...
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