Friday, April 1, 2011

Bapepam-LK Regulation Will Make Related "Bank Guarantee"

Fuad angga luar2 Bapepam LK  Akan Buat Peraturan Terkait Bank Guarantee

"If the underwriter has a bank guarantee` `the calculation of Adjusted Net Working Capital (NAWC), it does not list liabilities` rank `, or vice versa," said Head of Sub Division of Securities Companies, Wawa Supriyanto on Friday.

He added, in line with regulatory changes VD5 number of Maintenance and Reporting NAWC securities companies.

In VD5 regulatory changes that presented, the calculation of minimum value NAWC Underwriters, namely Rp25 billion or 6.25 percent multiplied by the total liabilities plus the addition of ranking liabilities.

"So, from the results that we will see his numbers NAWC, whichever is higher," he said.

He said the company should be able to absorb the effect of share 100 percent of all shares that are not absorbed by the public.

That, he added, is one mechanism for overcoming the risk if the stock or bonds issued by companies are not absorbed by the market.

Henry added, to calculate the net adjusted value of the Investment Manager (MI) also changed the minimum net adjusted value of only Rp 200 million. In the new regulations, the minimum value calculated by NAWC 200 million plus 0.1 percent of total funds managed.

Described the changes in this NAWC apart from the provisions of the minimum value, there is also the formula calculation. namely the addition Ranking Liabilities and adjustment procedure for the calculation of market risk factors (haircut).

The purpose of the revision of Bapepam-LK No. VD5 that the increasing quality requirements of the Securities of the Company Asset value is calculated as net adjusted, so as to demonstrate the ability of PE sebesarnya capital adequacy in covering the risk.