The Board of Commissioners of the Financial Services Authority (Otoritas Jasa Keuangan – “ OJK ”) is currently completing work on Draft Regulation on Determination of the Standard Deviation of Fair Market Prices of Securities by an Indonesian Securities Pricing Agency (“ Draft Regulation ”). If it is ultimately enforced, this Draft Regulation will replace the following frameworks: [1]
New Valuation Rules Expand Coverage to Sukuk, Asset-Backed Securities, and Money Market Instruments
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