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Summary of The Bank Indonesia Regulation on Single Presence

19 February 2013

On 7 January 2013, Bank Indonesia (BI) published Regulation No. 14/24/PBI/2012 on Single Presence in the Indonesian Banking Sector (PBI 14/24). PBI 14/24 came into force as of 26 December 2012 and revoked the previous regulation on the same topic, namely Regulation No. 8/16/PBI/2006 (PBI 8/16).