KPEI Re-Regulates Risk Parameters for Additions of Collateral in the Form of Mutual Fund Participation Units

Through the issuance of the Rule of PT Kliring Penjaminan Efek Indonesia (“ KPEI ”) No. II-12 on the Placement of Collateral for Stock Exchange Transactions Involving Equity-Based Securities, Investment Product Participation Units in the Form of Collective Investment Contracts, and Securities Lending and Borrowing (“ Rule II-12 ”) and Rule of PT KPEI No. II-13 on Risk Calculations for Stock Exchange Transactions (“ Rule II-13 ”), which add various risk parameters for collateral in the form of Mutual Fund Participation Units, [1] PT KPEI has now revised its policy on risk parameters. This policy revision is set out under Circular of PT KPEI No. SE-010/DIR/KPEI/0923 of 2023 on Risk Parameters (“ Circular 10/2023 ”), which repeals and replaces the previous framework of Circular No. SE-006/DIR/KPEI/0523 (“ Previous Circular ”).