June 11, 2013

Thomson Reuters To Host The Second Indonesian Regulatory Summit In Jakarta

Key themes include fraud, risk governance and compliance in the financial services industry

JAKARTA - Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that it will host the second Indonesian Regulatory Summit in Jakarta in collaboration with and the support of the principal Indonesian regulatory bodies of Otoritas Jasa Keuangan (OJK), the Indonesia Investment Coordinating Board and the Ministry of Finance. The event will take place on 04 July 2013 and Dr Muliaman Hadad, chairman of OJK, will deliver the welcome keynote address.

Building on the success of the inaugural Regulatory Summit last year, this year’s Summit will focus on corporate governance, exploring the new regulatory landscape in Indonesia and what policies and procedures are being implemented to help strengthen a company’s macroprudential framework. Other key themes include fraud in the financial services industry, risk governance, and regulations in the insurance industry.

The regulatory summit will deliver a comprehensive programme that comprises a series of presentations, panel discussions and debates, providing a platform for regulators and industry experts to examine the pace and impact of regulatory development and reform in the region. The regulatory summit also offers an opportunity for local regulatory bodies to connect with key financial service providers and corporate entities to create and promote dialogue around some of the most pressing governance, risk and compliance issues in the financial industry today.

Over 250 senior-level executives are expected to attend the summit from various financial regulatory bodies, exchanges, associations and authorities. In addition, senior management and key heads of compliance, risk management, legal and audit from local and overseas leading banks, financial institutions and corporate entities will be in attendance.

Other organisations and leading industry practitioners supporting the regulatory summit include Ernst & Young, Moody’s, Bank Mandiri, CFA Institute, Bank Ekonomi and Herbert Smith Freehills.

“An effective regulatory regime is essential to promote and sustain economic growth in Asia in the long term, and so we are honoured to host the second Regulatory Summit in Jakarta this year,” said Leas Bachatene, managing director Asia Pacific, Governance, Risk & Compliance, Thomson Reuters. “The tremendous support we receive from the government bodies and corporate entities reflects that regulation is at the top of the agenda for the financial industry.”

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