INDONESIA - IMF - Detailed Assessment of Observance of IMF Code of Good Practices on Transparency in Monetary and Financial Policies

Date:	July 18, 2012
Electronic Access:	Free Full text (PDF file size is 932KB). Use the free Adobe Acrobat Reader to view this PDF file
Series:	Country Report No. 12/188
Subject(s):	Indonesia

INDONESIA - IMF - Indonesia: CPSS-IOSCO Recommendations for Securities Settlement Systems - The Equity and Corporate Bonds Securities Settlement Systems

Date:	July 18, 2012
Electronic Access:	Free Full text (PDF file size is 520KB). Use the free Adobe Acrobat Reader to view this PDF file
Series:	Country Report No. 12/186
Subject(s):	Indonesia

INDONESIA - IMF - Country report - Implementation of the IOSCO Objectives and Principles of Securities Regulation

Date:	July 18, 2012
Electronic Access:	Free Full text (PDF file size is 721KB). Use the free Adobe Acrobat Reader to view this PDF file
Series:	Country Report No. 12/189
Subject(s):	Indonesia

PUBLICATON - Islamic Finance Asia - Country Supplement Indonesia : Broad Horizon

With abundant natural resources, increasing foreign investment opportunities and huge market potential, SCOTT WEBER discovers that Indonesia has significantly more to offer the Islamic financial industry than the sheer size of its Muslim population.  FULL STORY HERE and visit the brand new look of http://www.islamicfinanceasia.com

RATINGS - Indonesia Credit Rating Raised by Moody’s to 13-Year High

Moody’s Investors Service on Monday upgraded Indonesia’s credit rating to the highest level since the 1997 Asian financial crisis, citing the nation’s “economic resilience” and improving public debt position. (AFP Photo)

Jakarta. Moody’s Investors Service upgraded Indonesia’s credit rating to the highest level since the 1997 Asian financial crisis, citing the nation’s “economic resilience” and improving public debt position. Bonds rose.

The government’s foreign and local-currency bond rating was raised to Ba1 from Ba2, Moody’s said in a statement today. That’s one step below investment grade and puts Indonesia on par with Greece, which was placed on review for a possible downgrade by Moody’s last month.

Rising exports are fueling growth and credit upgrades for emerging markets from China to the Philippines, which are outperforming debt-laden developed economies from Greece to Japan. Bank Indonesia forecasts Southeast Asia’s biggest economy will expand by as much as 6.5 percent this year from an estimated 6 percent in 2010.

COUNTRY REVIEW - FRANCE - most prominent mover 2010

Most of you will know that I do follow up close what is happening in the greater European space in the field of Islamic finance.

I just made a short review about the most prominent mover over the year 2010.

France managed to adapt following tax regulations for the introduction of Islamic (finance) contracts : Murabahah, Ijara, Istisna and there were specific changes to allow Sukuk.

FINANCE - COUNTRY SUPPLEMENT BRUNEI - Asia’s Oil Sheikh’s Unique Proposition (Islamic Finance Asia)

Published : Islamic Finance Asia (December 2010 - www.islamicfinanceasia.com)

Brunei, the tiny sovereign state blessed with black gold, is eager to move forward in the Islamic finance industry. RAPHAEL WONG explores why the industry seems to be on a plateau and what it is doing to be distinctive.

Brunei’s involvement in Islamic finance came about by way of the establishment of Tabung Amanah Islam in 1991. Tabung Amanah, the country’s first Islamic trust fund, was established to help local Muslims undertake their holy pilgrimage. Not long after, it was followed by the county’s first Islamic bank, the Islamic Bank of Brunei (IBB).