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LPS Officially Clarifies Bank Reporting Procedures: 14-Business-Day Deadline Set for Core Data Changes

The Deposit Insurance Corporation (Lembaga Penjamin Simpanan– “ LPS ”) has issued Circular No. SE-1/ADK1/2026 on the Format and Procedures for the Drafting and Submission of Reports on Changes to Core Bank Data Information (“ Circular 1/2026 ”). Serving as an implementing framework to Regulation of the LPS No. 3 of 2024 (“ Regulation 3/2024 ”), [1] Circular 1/2026 require banks participating in the guarantee program must report changes to their core data to the LPS.

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