Indonesia's financial regulator has changed its rules governing investments by non-bank financial institutions, according to a new regulation signed last week, in a move aimed at getting those firms to support government infrastructure projects.
In the revised version, the OJK has expanded the options for required investment products to include instruments issued by state- owned companies and their subsidiaries used to finance government infrastructure projects.
The new list of instruments includes asset-backed securities, as well as so-called limited-participation mutual funds, according to the regulation signed last Tuesday, which took effect immediately.
http://www.straitstimes.com/business/economy/indonesia-eases-investment-rule
In the revised version, the OJK has expanded the options for required investment products to include instruments issued by state- owned companies and their subsidiaries used to finance government infrastructure projects.
The new list of instruments includes asset-backed securities, as well as so-called limited-participation mutual funds, according to the regulation signed last Tuesday, which took effect immediately.
http://www.straitstimes.com/business/economy/indonesia-eases-investment-rule
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