Connect with us

Politics

This is a change in the new policy on secondary housing finance that Jokowi signed

Avatar

Published

on


DRAWING. President Joko Widodo

Journalist: Abdul Basith Bardan | Editor: I knew Laoli

KONTAN.CO.ID – JAKARTA. President Joko Widodo signed Presidential Regulation No. 100 of 2020 regarding the Third Amendment to Presidential Regulation No. 19 of 2005 regarding the financing of secondary housing.

The regulation amends a number of provisions of Presidential Decree No. 19 of 2005 and Presidential Decree No. 101 of 2016. In Article 2, paragraph 4, both regulations stipulate that the secondary housing finance company encourages development sustainable secondary housing market.

It’s just that in Perpres 100 2020 this method is limited to three things. First, the provision of loan facilities to support financing in the context of sustainable ownership, occupancy and availability of housing and / or settlements.

The second is to increase the capacity of the parties involved in the implementation of housing and / or settlement finance. The other three activities are in the area of ​​housing finance and / or establishment as long as it has shareholder approval.

Also read: Ahead of the deadline, Pefindo confirms its idA1 + rating for SMF debt securities

Perpres 100 of 2020 adds a paragraph to Article 4, namely paragraph 1a. Article 4 (1a) provides that the purchase of financial assets referred to in paragraph 1 may be recorded in the financial report of a secondary housing finance company until it fulfills the economic feasibility of securitization.

Changes to 18 changed secondary housing finance companies that previously could not invest directly in the business entity.

Article 18 (1) of Perpres 100/2020 states that secondary housing finance companies may make direct investments in other business entities with the prior consent of shareholders.

Meanwhile, regulations on buying shares in the capital market are still prohibited. Article 19 of Presidential Decree 100 of 2020 states that secondary housing finance companies may place funds in the form of government securities, securities issued by the Bank of Indonesia, deposits and / or other financial instruments stipulated by the Minister.

DONATE, get free coupons!

Your support will increase our enthusiasm for presenting quality and useful articles.

As a thank you for your attention, there are free gift vouchers that can be used while shopping at HAPPY STORE.


What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]