Indonesia Secured Transactions Project

completed

To strengthen and modernize the existing secured transactions system in Indonesia, this project will focus on the following three areas: (i) Improve the underlying legal framework related to secured transactions by recommending amendments to the Fiducia Security and Companies Act, together with supporting implementing regulations; (ii) Establish a modern web-based, integrated and centralized Fiducia (collateral) Registry system which aligns with international best practice; and (iii) Work with Regulators and Financial Institutions to identify new product/service offering oppportunities for the SMEs and create linkages amongst market players to develop an effective movables lending industry in Indonesia.