News - Indonesia: Super regulatory body could be set up by Jan 2013

January 2011
Asia Insurance Review;Jan2011, p53
Trade Publication
The article informs that Indonesian lawmakers have agreed to set up a super regulatory body for insurance, banking and other financial services by January 2013. The legislators have reported that a board of commissioners would be vested with full powers by January 1, 2013. According to the draft Bill, the board will have seven members, with the Finance Ministry and Central Bank each supplying one member.


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