BI Standardizes Participation in Monetary Operations: Enhanced Compliance and Reporting Now Required for Participants and Intermediary Institutions

Bank Indonesia (“ BI ”), working through the Monetary and Securities Asset Management Department, has issued Technical Guidelines No. 4/JUKNIS/EKSTERNAL/DPMA/2025 (“ Guidelines 4/2025 ”), which have now standardized the participation requirements for monetary operations. This new framework applies directly to conventional and sharia banks, foreign exchange brokers and designated securities companies acting as primary dealers (collectively referred to as “ Participating Entities ”). [1]