Michael Sturrock

Michael Sturrock

Latham & Watkins LLP

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Bank Indonesia Revises and Clarifies Regulation on Foreign Borrowings by Indonesian Companies

Revised regulation and circular provide more certainty for investors and borrowers, but continue to limit access to foreign capital for many Indonesian businesses. Bank Indonesia, the Indonesian central bank (BI),...more

New Bank Indonesia Regulation Imposes Significant Limitations on Foreign Borrowings by Indonesian Companies

Changes move foreign currency debt further out of reach for many Indonesian borrowers. On October 28, 2014, Bank Indonesia, the Indonesian central bank, issued BI Regulation No. 16/20/PBI/2014 on Prudential Principles...more

11/11/2014  /  Foreign Banks , Foreign Investment
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