Recovery of DHE-SDA Further Regulated

In order to further address provisions relating to foreign-exchange export proceeds deriving from exports of natural resources (Devisa Hasil Ekspor dari Barang Ekspor Sumber Daya Alam– “ DHE-SDA ”), Bank Indonesia (“ BI ”) recently issued Regulation of the BI Board of Governors No. 21/15/PADG/2019 on the Recovery of Foreign-Exchange Export Proceeds Deriving from the Utilization, Management and/or Processing of Natural Resources (“ Regulation 15/2019 ”). Regulation 15/2019 serves as an implementing framework for Regulation of the BI Board of Governors No. 21/3/PBI/2019 , which bore the same title (“ Regulation 3/2019 ”). [1]