Bank Indonesia (“BI”) recently issued Regulation No. 18/15/PBI/2016 on the Organization of Rupiah Currency Processing Services (“2016 Regulation”) in order to maintain the stability of the country’s financial and monetary system. [1] In essence, the 2016 Regulation sets out the guidelines for the processing of the rupiah currency across the country by rupiah-currency processing-service organizers (penyelenggara jasa pengolahan uang rupiah– “PJPUR”), and addresses:
BI Regulates Rupiah-Currency Processing Services
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