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Technical Provisions for the Bank Indonesia - Scripless Securities Settlement System

Bank Indonesia (“ BI ”) recently updated its integrated system for the administration of securities via the BI - Scripless Securities Settlement System (“ BI-SSSS ”) through the issuance of Regulation of the Board of Governors of Bank Indonesia No. 20/4/PADG/2018 on the Organization of the Administration of Securities through the Bank Indonesia - Scripless Securities Settlement System (“ Regulation 4/2018 ”). [1] In essence, Regulation 4/2018 addresses the following matters relating to BI-SSSS:

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