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BI-Law-revision

House drops BI Law revision, shifts focus to omnibus bill on financial sector
Business 3 months ago

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House drops BI Law revision, shifts focus to omnibus bill on financial sector

The plan to amend the Bank Indonesia (BI) Law caused concern in the financial markets since it had l...
Financial sector overhaul could harm BI’s independence, economists warn
Business 5 months ago

Financial sector overhaul could harm BI’s independence, economists warn

The possible amendments to the 1999 and 2004 Bank Indonesia (BI) Laws and the issuance of a regulati...
Financial sector overhaul
Editorial 5 months ago

Financial sector overhaul

Our question is, what is the point of putting the 1999 BI Law amendment on top of the House legislat...
Protecting BI’s independence
Editorial 5 months ago

Protecting BI’s independence

The monetary board that the House is proposing in its amendment to the BI Law marks a major setback ...
Sri Mulyani vows to uphold BI independence amid House-led legal reform
Business 6 months ago

Sri Mulyani vows to uphold BI independence amid House-led legal reform

The Finance Minister has vowed to uphold central bank independence and macroprudential capacity...
Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks
Business 6 months ago

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Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks

In a draft revision of the 1999 and 2004 BI laws, the House's Legislative Body (Baleg) proposed ...
‘Bill will push central bank into dark age’: Experts voice concerns over BI Laws revision
Business 6 months ago

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‘Bill will push central bank into dark age’: Experts voice concerns over BI Laws revision

The draft revision also scraps all existing articles stipulating BI’s independence in monetary...
Rupiah falls 1.35% as investors raise concern over BI’s independence
Business 6 months ago

Rupiah falls 1.35% as investors raise concern over BI’s independence

The rupiah exchange rate fell significantly on Wednesday as investors worry about the independence o...
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