The Financial Services Authority (Otoritas Jasa Keuangan–“OJK”) has issued Regulation No. 18/POJK.03/2016 on the Implementation of Risk-Management Measures by Conventional Banks(“2016 Regulation”).The 2016 Regulation was issued in a bid to offer guidance for commercial banks looking to mitigate any riskwhich might arise due complexities in the prevailing financial conditions. In essence, the 2016 Regulationcovers the following matters:
New Regulation on Banking Risk-Management from the OJK
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