Second is by inreasing financial market participants, particularly through increased use of repo transactions by financial institutions, banks and non-banks. Third is through the development of infrastructure in order to reduce segmentation and strengthen risk mitigation in financial transactions.
To support these priority initiatives, Bank Indonesia will accelerate the follow up of two strategic financial market deepening issues that require support from the related authorities. The first is to align tax regulations governing financial market instruments to support the development of the financial market. Secondly, seek to align financial market development initiatives by implementing prudent financial institution practices.