In bid to improve the effectiveness of Indonesia’s monetary policy, Bank Indonesia (“ BI ”) has decided to accelerate the implementation of its average statutory reserve requirements (Giro Wajib Minimum-“ GWM ”) policy through the issuance of Regulation No. 20/3/PBI/2018 on Statutory Reserve Requirements in Rupiah and Foreign Currencies for Conventional Banks, Sharia Banks and Sharia Business Units (“ Regulation 20/2018 ”). [1]
New Regulation on Statutory Reserve Requirements for the Banking Sector
Unlock the Full Article
Access the full legal analysis, insights, and linked references with a NOMOS subscription.
In-depth legal interpretation
Related regulations across jurisdictions
Case law references & citations
Downloadable formats (PDF/citations)
Choose Your Plan
Smart. Flexible. Just Right for You.
- Monthly / Yearly options
- Indonesia jurisdiction (More soon)
- For solo users or growing teams
- Enjoy a 7-day free trial on all plans
Already subscribed?
Log in
Need more users or custom pricing?
Latest Analysis