International Monetary FundWorld Bank2017-08-102017-08-102010-11https://hdl.handle.net/10986/27739This assessment forms part of the joint International Monetary Fund (IMF) World Bank Indonesia Financial Sector Assessment Program (FSAP) which is being undertaken during 2009-2010. The assessment, which covers the private sector equity and corporate bonds securities system's observance of the Committee on Payment and Settlement Systems / International Organization of Securities Commissions (CPSS/IOSCO) recommendations for securities settlement systems, was conducted during an ad hoc mission. The assessment focuses on two types of trades. First the clearing and settlement process is assessed as regards equity transactions traded on the stock exchange Indonesian Stock Exchange (IDX), cleared through the Clearing and Guarantee Corporation (KPEI) clearing system (e-CLEARS) and settled through the Central Securities Depository for the Stock Exchange securities (KSEI) settlement system (C-BEST). In addition, the assessment focuses on corporate bond transactions, which are traded outside the exchange and settled through the KSEI settlement system (C-BEST).en-USCC BY 3.0 IGOACCESS TO INFORMATIONACCOUNT HOLDERACCOUNT HOLDERSACCOUNTANTACCOUNTINGACCOUNTING PRACTICESASSET BACKED SECURITIESASSETSASSUMPTION OF LIABILITYAUCTIONSAUDIT COMMITTEEAUDITSBANK DEPOSITSBANK GUARANTEESBANK INDONESIABANK RISKBANK SETTLEMENTBANK SYSTEMBANKING INDUSTRYBANKRUPTCYBANKRUPTCY LAWBENEFICIARYBLOCK TRADESBOOK ENTRYBOOK-ENTRYBORROWERBORROWINGBROKERBROKER DEALERSBUSINESS LICENSESBUSINESS PLANSCAPITAL MARKETCAPITAL MARKET LAWCAPITAL MARKETSCASE OF BANKRUPTCYCASE OF DEFAULTSCASH COLLATERALCASH MARKETCASH PAYMENTCASH SETTLEMENTCASH SETTLEMENTSCASH TRANSFERCASH TRANSFERSCENTRAL BANKCENTRAL BANKSCENTRAL REGISTRYCENTRAL SECURITIES DEPOSITORIESCENTRAL SECURITIES DEPOSITORYCHECKSCIVIL CODECOLLATERALCOLLATERAL REQUIREMENTSCOLLATERAL TRANSFERSCONTINGENCY PLANSCONTINUOUS AUCTIONSCONTRACTUAL ARRANGEMENTSCORPORATE BONDCORPORATE BOND MARKETCORPORATE BOND TRANSACTIONSCORPORATE BONDSCORPORATE GOVERNANCECOURT OF LAWCREDIT FACILITIESCREDIT LINECREDIT LINESCREDIT POLICIESCREDIT POLICYCREDIT RISKCREDITORSCROSS-BORDER SETTLEMENTCROSS-BORDER SETTLEMENTSCROSS-BORDER TRANSACTIONSCUSTODIAN BANKCUSTODIAN BANKSCUSTODYDEBTDEBT SECURITIESDEFAULTSDELIVERY OF SECURITIESDEPOSITDERIVATIVESDOMESTIC SECURITIESENFORCEABILITYEQUITIESEQUITY MARKETEQUITY MARKET CAPITALIZATIONEXCHANGE SYSTEMEXCHANGE TRANSACTIONEXCHANGE TRANSACTIONSEXPOSUREFINAL SETTLEMENTFINANCIAL FAILUREFINANCIAL INSTITUTIONFINANCIAL RISKFINANCIAL SECTORFINANCIAL STABILITYFOREIGN BANKSFRAMEWORK FOR SECURITIESFUTURESGENERAL OBSERVATIONGENERAL SHAREHOLDERGOVERNMENT BONDSGOVERNMENT REGULATIONGOVERNMENT SECURITIESGOVERNMENT TREASURY NOTESGROSS SETTLEMENT SYSTEMGUARANTEE FUNDHARMONIZATIONHOLDINGHOLDINGSINDIVIDUAL INVESTORSINSOLVENCYINSTITUTIONAL INVESTORSINTERNAL AUDITINTERNAL CONTROLINTERNAL CONTROLSINTERNATIONAL BANKINVESTMENT FUNDJURISDICTIONJURISDICTIONSKEY PERFORMANCE INDICATORSLAWSLEGAL FRAMEWORKLEGAL PROTECTIONLEGAL REQUIREMENTSLEGAL RISKLEGAL SYSTEMLENDERLENDER OF LAST RESORTLIQUIDITYLIQUIDITY PROBLEMSLIQUIDITY RISKMARKET CONDITIONSMARKET PARTICIPANTSMARKET SHAREMARKET STRUCTUREMARKET TRANSPARENCYMERGERMIGRATIONMONETARY FUNDMORAL HAZARDNET SETTLEMENTNEW PRODUCTSOPERATIONAL RISKOUTSTANDING AMOUNTPAYMENT OBLIGATIONPAYMENT OBLIGATIONSPAYMENT SYSTEMSPOWER OF ATTORNEYPRICE MOVEMENTSPRIVATE SECTOR DEVELOPMENTPRUDENTIAL SUPERVISIONREAL TIME GROSS SETTLEMENTRECEIVABLERECORD KEEPINGREGULATORY BODIESREGULATORY RESPONSIBILITIESREGULATORY RESPONSIBILITYREPOREPOSRETURNRISK CONTROLSRISK MANAGEMENTRISK MANAGEMENT POLICIESRISK MANAGEMENT POLICYRISK MANAGEMENT SYSTEMRISK PROFILEROLLING SETTLEMENTSALARIESSECONDARY MARKETSECURITIESSECURITIES EXCHANGESECURITIES EXCHANGESSECURITIES ISSUERSECURITIES ISSUERSSECURITIES MARKETSECURITIES MARKETSSECURITIES REGULATORSSECURITIES SETTLEMENTSECURITIES SETTLEMENT SYSTEMSECURITIES SETTLEMENT SYSTEMSSECURITIES SETTLEMENTSSECURITIES TRANSACTIONSECURITIES TRANSACTIONSSECURITY CONTROLSSETTLEMENTSETTLEMENT ARRANGEMENTSSETTLEMENT DATESETTLEMENT OF TRADESSETTLEMENT OF TRANSACTIONSSETTLEMENT PROCEDURESETTLEMENT RISKSETTLEMENT SERVICESSETTLEMENT SYSTEMSSHAREHOLDERSHAREHOLDERSSTATE OWNED BANKSSTOCK EXCHANGESTOCK EXCHANGE MEMBERSTOCK EXCHANGE MEMBERSSTOCK OPTIONSSTOCKSSUKUKSUPERVISORY AGENCYSYSTEMIC RISKTRADE DATETRADE EXECUTIONTRADE FOR TRADETRADE INFORMATIONTRADINGTRADING PLATFORMTRADING SESSIONTREASURYTREASURY STOCKTURNOVERVOLATILITYWITHDRAWALReportWorld Bank10.1596/27739