Finance Service Authority (OJK) plans to call the fee from finance industry to finance the institution. The fee amount will be set up by OJK upon its operational.
The plan is stipulated by the OJK draft bill which is now on synchronizing phase by the Human Rights and Justice Ministry. The draft will be submitted to the Legislatives by early next month. Based on Chapter II Article 32 paragraph 1 mentions that the OJK budget and work plan will be funded by the finance service industry fee. Finance industry is the institution with finance service activities.
Finance service industry here includes institutions and finance service activities, supplementary service, and profession under the supervision of OJK.
The plan is stipulated by the OJK draft bill which is now on synchronizing phase by the Human Rights and Justice Ministry. The draft will be submitted to the Legislatives by early next month. Based on Chapter II Article 32 paragraph 1 mentions that the OJK budget and work plan will be funded by the finance service industry fee. Finance industry is the institution with finance service activities.
Finance service industry here includes institutions and finance service activities, supplementary service, and profession under the supervision of OJK.
The fee of finance service industry is set up proportionally such as on the basis of wealth value, operational profit, cash flow, and finance service industry equity.
The fee includes the fee from permit issuance, approval, registration, surpervision, examination, check, stock exchange, and other costs. The fee could be taken monthly, annually or at any time based on its characteristics.
The fee alone is only allowed to finance the OJK operational and reserves allotment. The reserves could only be placed to the government bonds and BI promissory notes.
National banking industry now is obliged to pay 0.2 percent deposit premium to the Deposit Insurance Corporation (LPS). The payment is done in two schemes with each 0.1 percent per semester.
The deposit premium from commercial banks and BPR in semester I/2010 stood at IDR1.99 trillion or rose 11.3 percent as from IDR1.81 trillion in 2009. The fee will be burdensome to banking operational so as to affect the customers.
The fee includes the fee from permit issuance, approval, registration, surpervision, examination, check, stock exchange, and other costs. The fee could be taken monthly, annually or at any time based on its characteristics.
The fee alone is only allowed to finance the OJK operational and reserves allotment. The reserves could only be placed to the government bonds and BI promissory notes.
National banking industry now is obliged to pay 0.2 percent deposit premium to the Deposit Insurance Corporation (LPS). The payment is done in two schemes with each 0.1 percent per semester.
The deposit premium from commercial banks and BPR in semester I/2010 stood at IDR1.99 trillion or rose 11.3 percent as from IDR1.81 trillion in 2009. The fee will be burdensome to banking operational so as to affect the customers.
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