Bank Indonesia recently issued BI Regulation No. 7/12/PBI/2005 on the Amendment of BI Regulation No. 7/10/PBI Concerning Reporting Requirement for General Banks.

The Amending Regulation determines that all Banks would be required to report every business day.  The Regulation stipulated that a Money Market Information Center (PIPU) users shall sign a PIPU Utilization Agreement or otherwise their membership will be terminated by BI.