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6 months ago
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September 7, 2025 | 12:20 pm
TEMPO.CO, Jakarta - Indonesian Finance Minister Sri Mulyani Indrawati has restructured the enactment and enactment procedures of the Secretariat of the Financial System Stability Committee (KSSK). The changes are regulated successful Financial Ministerial Regulation (PMK) fig 64 of 2025.
The PMK came into effect connected September 4, 2025. In the opening portion of the document, it is stated that the organizational statement has been made to set to the changes from Law fig 9 of 2016 concerning the Prevention and Handling of Financial System Crises to Law fig 4 of 2023 concerning the Development and Strengthening of the Financial Sector (UU P2SK).
"That the organizational statement and enactment procedures of the Secretariat of the Financial System Stability Committee arsenic referred to successful constituent a, person received support from the Minister of Administrative and Bureaucratic Reform," reads the 2nd constituent of the considerations conception successful PMK 64 of 2025.
Based connected this caller PMK, the KSSK secretariat is present administratively nether the caller apical echelon 1 presumption successful the Ministry of Finance (Kemenkeu), namely the Director General of Financial Stability and Sectoral Development. Previously, it was administratively nether the Secretary General of Kemenkeu.
The organizational operation has besides changed. Initially, it was filled by the Directorate of Banking and Macroeconomic Assessment; Directorate of Non-Bank Financial Services Industry Assessment; Directorate of Financial Market, Payment System, and Other Financial Institutions Assessment; and the Risk Management and Legal Division.
In the caller PMK, it has been restructured into 4 directorates. Including the Directorate of Banking and Macroeconomic Assessment; Directorate of Non-Bank Financial Services Industry Assessment; Directorate of Financial Market, Payment System, and Other Financial Institutions Assessment; and the Risk Management and Legal Directorate. As good arsenic 1 Office Management Division.
In summation to changing the structure, the Finance Minister besides emphasizes respective functions of the KSSK secretariat that were not antecedently explained successful the aged PMK. For example, successful nonfiction 4 constituent (h) which states the Coordination of the implementation of accent investigating of the fiscal strategy stableness conditions and fiscal strategy situation simulation.
Then determination is the constituent of the secretariat's function, which is the coordination of preparing reports to the KSSK regarding the coordination results of macroprudential and microprudential policies, and slope occupation solution conducted done coordination forums.
Another relation added is the coordination of preparing decisions of the KSSK regarding the implementation of Bank Indonesia's (BI) authorization to acquisition semipermanent authorities securities successful the superior market. In the erstwhile PMK, determination was nary explicit constituent regarding coordination of BI's acquisition of authorities securities successful the superior market.
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