Luh Putu Adinda Martatilova


Capital Markets

Financial services providers to apply 'know your customer' principle
Indonesia | 09 March 2010

The Capital Markets and Financial Institutions Supervisory Agency has issued a regulation regarding application of the 'know your customer' principle by financial services providers in the capital markets sector. Among other things, financial services providers must establish a working unit or assign an officer of a rank below the director to be in charge of application of the 'know your customer' principle.