PRUDENTIAL PRINCIPLES FOR OFFSHORE BORROWINGS

PRUDENTIAL PRINCIPLES FOR OFFSHORE BORROWINGS

Bank Indonesia has issued new regulations and circular letters on the Implementation of Prudential Principles in the Management of Offshore Borrowing for Non-Bank Borrowers in Indonesia.

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All of these regulations became effective on 1 January 2015.

 

In this publication, we take a look at the requirements for non-bank borrowers to conduct prudent financial management in managing their offshore borrowings through the three prudential requirements (hedging ratios, liquidity ratios and credit ratings), including the exemption criteria from these requirements. We also discuss the reporting requirements to Bank Indonesia and the related non-compliance sanctions.  

 

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