Cempaka Business and Economy: BI wants to oversee unregulated securities

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

Tuesday, February 16, 2010

BI wants to oversee unregulated securities

Aditya Suharmoko , The Jakarta Post , Jakarta | Mon, 02/15/2010 1:43 PM

The central bank wants to oversee the "blind spots" where securities are not regulated either by the central bank or the Capital Market and Financial Institutions Supervisory Agency, which have caused customers to suffer losses.

"We want the blind spots to be nonexistent. In this context, it would be better [for authorities] to overlap rather than to have blind spots," Bank Indonesia deputy governor Muliaman D. Hadad said in a seminar Monday.

He cited the case of securities sold by Antaboga Delta Sekuritas through Bank Century, which caused about Rp 2.8 trillion (US$ 300 million) in losses.

Muliaman said BI would ensure banks raise customer awareness of products they sell to avoid unwanted losses.

Cempaka Business and Economy

Pages

Tuesday, February 16, 2010

BI wants to oversee unregulated securities

0 comments:

The Jakarta Post: Review/Outlook 2010