Regulation No. 7/6/PBI/2005 Concerning Transparency in Bank Product Information and Use of Customer Personal Data

Indonesia

(enacted in 2005)

Regulation No. 7/6/PBI/2005 Concerning Transparency in Bank Product Information and Use of Customer Personal Data, issued by Bank Indonesia, mandates transparency in bank product information and in the use of customer personal data, and prohibits banks from providing misleading information or using customer data without express written consent. Banks are also required to notify customers of the bank deposit guarantee program where it is applicable.

DISCLAIMER: The attached document is an unofficial translation of Regulation No. 7/6/PBI/2005. An official translation is unavailable.