COMMITTEES UNDER THE BOARD OF COMMISSIONERS
COMMITTEES UNDER THE BOARD OF COMMISSIONERS
Audit Committee The Audit Committee was established by the Board of Commissioners to assist in overseeing the Board of Directors and to ensure the Company is managed soundly, in accordance with the principles of CG. In performing its duties, the Audit Committee cooperates with the Board of Directors, Credit Policy and Risk Management Committee, Internal Audit, and the External Auditor.
KPEI Audit Committee was established by Decree No. SK-01/ DEKOM/IX/2008 concerning the Establishment and Appointment of Audit Committee, which was extended by Decree No. SK- 001/DEKOM/V/2017 dated May 31, 2017 concerning the Appointment of Audit Committee Members and SK-002/DEKOM/ IX/2017 dated September 25, 2017 concerning Substitution of Audit Committee Members.
Duties and Authorities of Audit Committee
1. Financial Statement
a. Ensuring the Company’s independent auditors implement auditing standards in accordance to applicable regulations;
b. Provide advice on the use of non-audit services to be assigned to Company’s independent auditor, based on the Board of Commissioners assignment;
c. Perform review on financial information to be published by the Company, such as Financial Statement, projection, and other financial information.
2. Internal Control;
a. Communicate regularly with Internal Audit and other related parties in order to maintain the effectiveness of internal control, and to ensure that audit findings are followed properly, as well as ensure that the Company’s operations is in accordance with the applicable law;
b. If the appointment of independent auditor does not comply with the Indonesia Stock Exchange, the Audit Committee selects and proposes independent auditor candidates to audit financial statement of the Company, propose services fee of the audit, and supervise independent auditor’s work, including proposing the independent auditor’s dismissal if during the execution of their duties, they do not meet the applicable regulation standards;
c. Analyze and evaluate reports received regarding manage- ment decision beyond the established provisions;
d. Receive, review, and pursue complaints related to the Company to the Board of Commissioners and monitor the follow-up actions;
Reaching the Highest Achievements
e. Melaksanakan tugas lain yang diberikan oleh e. Perform other duties assigned by Board of Commissioners Dewan Komisaris berdasarkan ketentuan peraturan
under the provision of applicable law. perundang-undangan yang berlaku.
Sehubungan dengan kegiatan dan penugasan yang dilakukan, In its activities and assignments, the Audit Committee shall Komite Audit wajib menjaga kerahasiaan dokumen, data dan
maintain the confidentiality of the Company’s documents, informasi Perusahaan yang diterima atau diketahuinya.
data, and information received or obtained. Rapat Komite Audit
Audit Committee Meeting
Sepanjang 2017, Komite Audit menyelenggarakan rapat Throughout 2017, the Audit Committee held 7 (seven) meetings. sebanyak 7 (tujuh) kali, dengan persentase kehadiran rapat The attendance rate in are as follows: sebagai berikut:
Susunan dan Data Kehadiran Rapat Komite Audit Composition and Attendance of Audit Committee Meeting
TOTAL KEHADIRAN PERSENTASE KEHADIRAN (%) NAME
NAMA JABATAN
JUMLAH RAPAT
ATTENDANCE RATE (%) Abraham Bastari***
POSITION
NO. OF MEETINGS
TOTAL ATTENDANCE
Komisaris Utama dan Ketua 0 0 0 President Commissioner and Chairman
Margeret Mutiara Tang Komisaris dan Anggota 7 5 71 Commissioner and Member
Irina Justina Zega** Anggota Member 3 3 100 Nishnurtia Razak
Anggota Member 7 7 100 Bambang Widodo*
Anggota Member 4 4 100 * Periode Januari-Mei 2017 January-May 2017
** Periode Juni-Desember 2017 June-December 2017 *** Periode September-Desember 2017 September-December 2017
KOMITE-KOMITE COMMITTEES UNDER THE BOARD OF DI BAWAH DIREKSI
DIRECTORS
Dalam rangka meningkatkan akuntabilitas dan tanggungjawab In order to improve the accountability and responsibility of all the atas segala kegiatan operasional Perusahaan, serta membantu
Company’s operations, and to assist in decision making, in 2017 dalam pengambilan keputusan, pada 2017 Direksi dibantu oleh
the Board of Directors was assisted by the following 3 (three) 3 (tiga) komite sebagai berikut:
committees:
Komite Kebijakan Kredit dan Pengendalian RIsiko Credit Policy and Risk Management Committee Mengacu peraturan Bapepam-LK Nomor III.B.6 yang In accordance with the regulation of Bapepam-LK Number disempurnakan menjadi Peraturan OJK Nomor 26/POJK.04/2014
III.B.6, which are finalized as the Regulation of Indonesia FSA tentang Penjaminan Penyelesaian Transaksi Bursa, KPEI memiliki
No. 26/POJK.04/2014 on Securities Exchange Transaction Komite Kebijakan Kredit dan Pengendalian Resiko (Komite KKPR).
Settlement Guarantee, KPEI established the Credit Policy and Tugasnya adalah untuk membantu Direksi dalam menentukan
Risk Management (KKPR) Committee to assist the rencana kebijakan kredit dan manajemen pengendalian risiko
Board of Directors to plan the credit and risk management policy KPEI, memberikan rekomendasi kepada Direksi KPEI dalam in KPEI, and provide recommendation to the Board of Directors rangka kebijakan investasi Dana Jaminan, serta melaksanakan
for Guarantee Fund, as well as perform other tasks tugas-tugas lain yang meliputi hal-hal sebagai berikut:
that include:
1. Wajib mengadakan rapat sekurang-kurangnya sekali sebulan 1. Conducting mandatory meeting at least 1 (once) a month and dan wajib membuat catatan tertulis dari rapat tersebut;
make written record of the meeting; 2. Memberikan rekomendasi dalam rangka kebijakan investasi
2. Provide recommendations on Guarantee Funds investment Dana Jaminan;
policy;
LAPORAN TAHUNAN 2017 ANNUAL REPORT | PT Kliring Penjaminan Efek Indonesia 145
Strategi Bisnis
Tata Kelola Perusahaan
Tanggung Jawab Sosial Perusahaan
Business Strategy
Corporate Governance
Corporate Social Responsibility
3. Memberikan rekomendasi atas penyisihan surplus operasional 3. Provide recommendation on operational surplus allowance of Lembaga Kliring dan Penjaminan yang wajib disisihkan untuk
Clearing and Guarantee Institution, which shall be set aside as pembentukan Cadangan Jaminan;
Guarantee Reserve;
4. Memberikan rekomendasi atas rencana kebijakan kredit dan 4. Provide recommendation for credit and risk management manajemen pengendalian risiko;
policy;
5. Memberikan rekomendasi atas penanganan masalah 5. Provide recommendation on the bankruptcy handling of CM’s; kepailitan Anggota Kliring; 6. Memberikan persetujuan atas besarnya biaya yang berkaitan
6. Provide approval of the costs associated with accounting and dengan jasa akuntansi dan audit laporan keuangan Dana
auditing the Guarantee Fund financial statements; Jaminan; 7. Memberikan tanggapan atas laporan bulanan KPEI mengenai
7. Provide feedback on KPEI’s monthly report on the pelaksanaan Kebijakan Kredit dan Manajemen Pengendalian
implementation of KPEI’s Credit and Risk Management Policy. Risiko KPEI.
Anggota Komite KKPR terdiri dari 5 (lima) Direktur dari Anggota KKPR Committee members consist of 5 (five) Directors from Kliring yang tidak saling terafiliasi, dan memiliki kompetensi serta
CM who are not mutually affiliated, with proper competence pengalaman untuk menjaga independensi dan profesionalitas and experience to maintain independence and professionalism dalam menjalankan tugas komite. Sepanjang 2017, Komite in performing their duties. Throughout 2017, KKPR Committee KKPR menyelenggarakan rapat sebanyak 12 (dua belas) kali.
held 12 (twelve) meetings.
Susunan dan Data Kehadiran Rapat Komite Kebijakan Kredit & Pengendalian Risiko Composition And Attendance of Credit Policy And Risk Management Committee Meeting
PERSENTASE KEHADIRAN (%) NAME
NAMA
JUMLAH RAPAT
JUMLAH KEHADIRAN
ATTENDANCE PERCENTAGE (%) Budi Susanto (PT Danareksa Sekuritas)*
NO. OF MEETINGS
NO. OF ATTENDANCE
2 2 100 Lisana Irianiwati (PT Mandiri Sekuritas)**
10 10 100 Riza Rachbini (PT Morgan Stanley Sekuritas Indonesia)*
2 2 100 R.M. Irwan (PT CGS-CIMB Sekuritas Indonesia)
12 10 83 Rosmini Lidarjono (PT Panin Sekuritas Tbk)
12 10 83 Rudy Utomo (PT Evergreen Sekuritas Indonesia)*
2 2 100 Tjeng Susanti Wijaya (PT DBS Vickers Sekuritas
10 9 90 Indonesia)**
Zaki Mubarak (PT Bosowa Sekuritas)** 10 10 100 *
Januari-Februari 2017 January-February 2017 ** Maret-Desember 2017 March-December 2017
Komite Haircut
Haircut Committee
Dasar hukum pembentukan Komite Haircut mengacu pada The legal basis for the establishment of the Haircut Committee is Peraturan Bapepam-LK Nomor V.D.5 tentang Pemeliharaan dan
the regulation of Bapepam-LK No. V.D.5 on the Maintenance and Pelaporan Modal Kerja Bersih Disesuaikan serta Peraturan PT
Reporting of Net Adjusted Working Capital and the regulation Kliring Penjaminan Efek Indonesia Nomor II-11 tentang Komite
of PT. Kliring Penjaminan Efek Indonesia No. II-11 on Haircut Haircut.
Committee.
146 LAPORAN TAHUNAN 2017 ANNUAL REPORT | PT Kliring Penjaminan Efek Indonesia
Reaching the Highest Achievements
KPEI menentukan tugas dan wewenang Komite Haircut, sebagai KPEI assigns the following duties and authorities to the Haircut berikut:
Committee:
1. Menetapkan penyusunan kriteria dan model (formula) 1. Set the criteria and model (formula) for the Haircut of Equity penentuan Haircut Efek Bersifat Ekuitas atau Efek Beragun
Securities or Asset Backed Securities with Varying Cash Flow, Aset Arus Kas Tidak Tetap yang tercatat dan akan tercatat
which are and will be listed on the Indonesia Stock Exchange, (listing) di Bursa Efek di Indonesia dan Reksa Dana yang Unit
and Mutual Funds whose Participation Units are traded on the Penyertaannya Diperdagangkan di Bursa Efek.
Stock Exchange;
2. Menetapkan besarnya Haircut Efek Bersifat Ekuitas atau Efek 2. Determine the Haircut rate of Equity Securities or Asset Backed Beragun Aset Arus Kas Tidak Tetap yang tercatat dan akan
Securities with Varying Cash Flow, which are and will be listed tercatat di Bursa Efek di Indonesia dan Reksa Dana yang Unit
on the Indonesia Stock Exchange, and Mutual Funds whose Penyertaannya Diperdagangkan di Bursa Efek;
Participation Units are traded on the Stock Exchange; 3. Mengumumkan besarnya Haircut Efek sebagaimana
3. Publish Haircut rate as referred to in point 2) on KPEI’s website dimaksud pada butir 2) pada laman (website) KPEI selambat-
no later than 1 (one) trading day prior to its effectiveness; lambatnya 1 (satu) hari Bursa sebelum efektif diberlakukan.
4. Announcement to the Haircut value of Equity Securities 4. Pengumuman untuk besarnya Haircut Efek Bersifat Ekuitas
or Asset Backed Securities with Varying Cash Flow, and atau Efek Beragun Aset Arus Kas Tidak Tetap dan Reksa
Mutual Funds whose Participation Units are traded on the Dana yang Unit Penyertaannya Diperdagangkan di Bursa
Stock Exchange, which will be listed on the Indonesia Stock Efek yang akan tercatat (listing) di Bursa Efek di Indonesia
Exchange on KPEI’s website no later than 1 (one) trading day pada laman (website) KPEI, dilakukan selambat-lambatnya 1
prior to its listing on Indonesia Stock Exchange. (satu) hari Bursa sebelum dicatatkan (listing) di Bursa Efek di Indonesia.
Keanggotaan Komite Haircut terdiri dari 1 (satu) orang sebagai The Haircut Committee consists of 1 (one) coordinator acting koordinator merangkap anggota, dan 10 (sepuluh) orang sebagai
concurrently as member, and 10 (ten) members. The coordinator anggota. Pemilihan koordinator dilakukan oleh anggota Komite
shall be elected by the members of Haircut Committee. Haircut.
KPEI menetapkan persyaratan anggota Komite Haircut, sebagai KPEI has determined the composition for Haircut Committee berikut:
members as follows:
• 2 (dua) orang Direktur Lembaga Kliring dan Penjaminan yang • 2 (two) Directors of Clearing and Guarantee Institution in charge membawahi fungsi kliring dan penjaminan;
of the clearing and guarantee function; • 2 (dua) orang Direktur Bursa Efek yang membawahi fungsi
• 2 (two) Directors of Stock Exchange in charge of the Supervisory pengawasan dan fungsi keanggotaan atau pencatatan;
function as well as membership and listing function; • 1 (satu) orang Direktur Lembaga Penyimpanan dan
• 1 (one) Director of the Depository and Settlement Institution in Penyelesaian yang membawahi fungsi jasa kustodian;
charge of custodian service function; • 5 (lima) orang Direktur Anggota Kliring yang tidak saling
• 5 (five) Directors of CMs, mutually unaffiliated and has fulfilled terafiliasi dan memenuhi persyaratan integritas, kompetensi,
the integrity, competence, and experience requirements set dan pengalaman yang ditetapkan oleh KPEI;
by KPEI;
• 1 (satu) orang professional ataupun praktisi yang memenuhi • 1 (one) professional or practitioner who has fulfilled the integrity persyaratan integritas, memahami peraturan di bidang pasar
requirement, has sound understanding of the regulations applicable modal, dan memiliki kompetensi di bidang penilaian efek.
to capital market, and has competence in securities appraisal. Sepanjang 2017, Komite Haircut mengadakan 12 (dua belas) kali
Throughout 2017, the Haircut Committee held 12 (twelve) rapat. Agenda rapat pada umumnya untuk menentukan besaran
committee meetings. In general, the meeting agenda was to haircut dengan menggunakan prosedur dan metode yang telah
determine the haircut rate using the procedures and methods ditetapkan.
that have been established.
LAPORAN TAHUNAN 2017 ANNUAL REPORT | PT Kliring Penjaminan Efek Indonesia 147
Strategi Bisnis
Tata Kelola Perusahaan
Tanggung Jawab Sosial Perusahaan
Business Strategy
Corporate Governance
Corporate Social Responsibility
Susunan dan Data Kehadiran Rapat Komite Haircut Composition and Attendance of Haircut Committee Meeting
NAMA
PERSENTASE KEHADIRAN (%) NAME
JUMLAH RAPAT
TOTAL KEHADIRAN
ATTENDANCE PERCENTAGE (%) Budi Susanto (PT Danareksa Sekuritas)
NO. OF MEETINGS
NO. OF ATTENDANCE
12 9 75 Edwin J Sebayang (Praktisi)
12 11 91 John CP Tambunan (PT Citigroup Sekuritas Indonesia)
12 12 100 Lisana Irianawati (PT Mandiri Sekuritas)*
8 8 100 Riza Rachbini (PT Morgan Stanley Sekuritas Indonesia)
12 12 100 Rudy Utomo (PT Evergreen Sekuritas Indonesia)
12 11 91 Hamdi Hassyarbaini (PT Bursa Efek Indonesia)
12 7 58 Samsul Hidayat (PT Bursa Efek Indonesia)
12 6 50 Syafruddin (PT Kustodian Sentral Efek Indonesia)
12 10 83 Indriani Darmawati (PT Kliring Penjaminan Efek Indonesia)
12 2 16 Sunandar (PT Kliring Penjaminan Efek Indonesia)
12 12 100 *
Menggantikan Aswardin per 29 Mei 2017 Replacing Aswardin starting May 29, 2017
Komite Investasi
Investment Committee
Dalam rangka meningkatkan praktik tata kelola yang baik dan To improve improve good corporate governance and optimize mengoptimalkan hasil pengelolaan investasi keuangan, KPEI the management of financial investment, KPEI has established telah membentuk Komite Investasi untuk membantu Direksi the Investment Committee to assist the Board of Directors in dalam pengambilan keputusan strategis investasi keuangan.
strategic financial investment decision making. Berdasarkan Surat Keputusan Direksi Nomor Kep-009/DIR/
In accordance with the Board of Directors Decree No. Kep-009/ KPEI/114 tanggal 24 November 2014 perihal Pembentukan DIR/KPEI/114 dated November 24, 2014 on the Establishment of Komite Investasi KPEI, tugas dan tanggung jawab utama Komite
KPEI’s Investment Committee, the main duties and responsibilities Investasi adalah:
of the Investment Committee are to:
1. Melakukan review dan memberikan masukan atas 1. Review and provide feedback on financial investment strategy rekomendasi strategi investasi keuangan yang disusun dan
recommendation compiled and submitted by the Finance and diajukan oleh Divisi Keuangan dan Akuntansi.
Accounting Division.
2. Mengambil keputusan investasi, untuk mencapai hasil 2. Make investment decision in order to optimize investment investasi yang optimal dengan pengelolaan yang prudent.
returns through prudent management. Keanggotaan Komite Investasi KPEI terdiri dari Direksi, Kepala
KPEI Investment Committee consists of all members of the Divisi Keuangan dan Akuntansi, dan Kepala Divisi Penjaminan
Board of Directors, Head of Finance and Accounting Division, dan Pengendalian Risiko. Sepanjang 2017, Komite Investasi and Head of Risk Management Division. Throughout 2017, the menyelenggarakan 7 (tujuh) kali rapat, dengan rincian data Investment Committee held 7 (seven) meetings, with the following kehadiran sebagai berikut:
attendance:
Susunan dan Data Kehadiran Rapat Komite Investasi Composition and Attendance Investment Committee Meeting
NAMA
PERSENTASE KEHADIRAN (%) NAME
JUMLAH RAPAT
TOTAL KEHADIRAN
ATTENDANCE PERCENTAGE (%) Hasan Fawzi
NO. OF MEETINGS
NO. OF ATTENDANCE
7 2 28 Sunandar
7 7 100 Indriani Darmawati
7 0 0 Roni Gunardi
7 6 85 Wening Kusharjani
7 7 100
148 LAPORAN TAHUNAN 2017 ANNUAL REPORT | PT Kliring Penjaminan Efek Indonesia
LAPORAN TAHUNAN 2017 ANNUAL REPORT | PT Kliring Penjaminan Efek Indonesia 149
Reaching the Highest Achievements