Seabrek! The Number Of Articles In The P2SK Bill Achieves 341 Articles In 27 Chapters

Chairman of the Working Committee (Panja) of the P2SK Bill, Dolfie Onniel Frederic Palit (Photo: Capture the screenshot of Commission XI DPR Youtube)

The Commission XI Working Meeting of the DPR RI today has reached the decision making of the Draft Law on the Development and Strengthening of the Financial Sector (RUU P2SK).

In the agenda, Commission XI also invited the Minister of Finance, the Minister of Investment/Head of BKPM, the Minister of Cooperatives and SMEs, and the Minister of Law and Human Rights.

Chairman of the Working Committee (Panja) of the P2SK Bill, Dolfie Othniel Frederic Palit, said that the Panja had carried out its constitutionality by discussing the inventory of problems submitted by the government.

"The draft P2SK Bill consists of 27 chapters and 341 articles containing a number of provisions," he said at the Senayan Parliament Complex, Jakarta on Thursday, December 8.

Dolfie explained, the first chapter is about generalized provisions. B chapter ab Two, about principle, intent and purpose. third chapter about institutionality. chapter four concerning banking, and chapter five about capital markets.

Then, chapter six of insurance, seventh chapter on joint business insurance, chapter eight concerning guarantee programs, chapter nine concerning guarantees, chapter 10 concerning financing services efforts, chapter 11 concerning the business activities of trillions (gold bank), chapter 12 concerning pension funds.

Chapter 13 concerning cooperatives in the financial services sector, chapter 14 micro financial institutions, chapter 15 concerning financial conglomeration, chapter 16 of technological innovations in the financial sector, chapter 17 concerning the application of sustainable finance, chapter 18 of literacy and financial inclusion, chapter 19 access to microfinance financing.

Then, chapter 20 concerning human resources (HR), chapter 21 of financial system stability, chapter 22 concerning Indonesian Export Financing Agency (LPEI), chapter 23 concerning administrative sanctions, chapter 24 concerning criminal provisions, chapter 25 other provisions, chapter 26 transitional provisions, and chapter 27 concerning covering provisions.

"Thus is the working report of the Working Committee for the P2SK Bill Commission XI of the DPR RI which we can convey to be followed up by a level I decision making," concluded Dolfie.