PT Bank Mandiri Persero Tbk.
amounted to 25 of the Bank’s capital;
• Temporary investment activities for loan recovery;
• Other services, and • Other activities commonly
conducted by the Bank in complicance with the laws and
regulations.
2 Banks are required to extend credit or inancing to productive
enterprises at lowest 65 sixty ive percent of the total loans or
inancing.
d. BOOK 4
capital: ≥ Rp30 trillion 1 is allowed to conduct all business
activities referred to in Book 3 both in rupiah and foreign currency and
equity investments in inancial institutions in indonesia andor the
entire overseas territories with the highest total investment amounted
to 35 of the Bank’s capital.
2 Banks are required to extend credit or inancing to productive
enterprises at the lowest 70 seventy percent of the total loans
or inancing.
OFFiCe neTWORK a. The Bank must obtain a permit from
Bank indonesia prior to create Oice Network in the form of:
1 Branch oice, or 2 Representative oices and other
oices abroad, with the following conditions:
• BOOKS 1 and 2 are not permitted to open Representative Oice and
other oices abroad; • BOOK 3 is permitted to open
Oices Network limited in the Asian region; and
• BOOK 4 is permitted to open Oice Network on all overseas
territories. The Opening of Bank Oice Network
in addition to the above oices must be reported and obtained the
conirmation from Bank Indonesia.
b. Opening of a Bank Network Oice shall meet the following
requirements: 1 Bank Soundness with a rating of
1 one, 2 two, or 3 three for 1 one year, and
2 The availability of core capital allocation based on location and
type of oice Theoretical Capital. Calculation of core capital allocation
availability for Opening Oice Network is obtained by multiplying the
coeicients zone for the location of the Oice Network with investment of oice
network in accordance to the BOOKS. c. In considering the allocation of core
capital availability for opening Oice Network, Bank Indonesia determine
that:
1 Zoning on the degree of saturation of the Bank and equitable
development; 2 Coeicient of each zone; and
3 The investment costs for Opening the Bank Oice Network for each
BOOK. d. Although one of the requirements in
point 2, is not met, the Bank can carry out in Opening Oice Network, if:
1 Credit or inancing to: • SMEs at the lowest 20 twenty
percent of the total loan portfolio or inancing, or
• SMEs at the lowest 10 ten percent of the total loan portfolio
or inancing, and 2 Capital accumulation
7. Bank Indonesia Regulation No. 1427PBI2012 on the
Implementation of Anti-Money Laundering and Combating
the Financing of Terrorism for Commercial Banks
PT Bank Mandiri Persero Tbk.
MANAgEMENT DISCUSSION ANALySIS OF MANAgEMENT’S PERFORMANCE
A. AN ACTIvE CONTROL FROM BOARD OF DIRECTORS INCLUDES:
1. Ensuring the Bank has policies and procedures for the Anti-Money
Laundering and Combating the Financing of Terrorism APU and
PPT;
2. Proposing a written policy for APU and PPT programs to the Board of
Commissioners; 3. Ensuring the implementation of
APU and PPT programs carried out in compliance with the written
policies and procedures that have been established;
4. Forming special task force to implement APU and PPT programs
andor appoint oicers who responsible for the APU and PPT
Program at Headquarters;
5. Exercising supervision over compliance unit in implementing
APU and PPT; 6. Ensuring that branch oices are
required to have a special unit and have:
• Employees in charge of the function of a special working
unit, or • Oicers in charge of the
application of APU and PPT programs.
7. Ensuring that the branch oices with the high complexity of the
obligations referred to in the letter f above and separate from the
working unit to implement policies and procedures of APU and PPT
programs.
8. Ensuring that the written policies and procedures regarding the APU
and PPT programs is in line with the change and development of
products, services, and technology as well as the Bank is in accordance
with the mode of development of money laundering or terrorist
inancing, and
9. Ensuring that all employees, particularly employees from the
special working units and new stafs had participated in training
related to APU and PPT program periodically.
B. ACTIVE CONTROL FROM BOARD OF COMMISSIONERS AT LEAST
INCLUDES: 1. Policies approval of the application
of APU and PPT programs; and 2. Supervise the implementation
of the Board of Directors responsibilities in the APU and PPT
program
C. POLICIES AND PROCEDURES In applying the APU and PPT
programs, the Bank shall develop guidelines for the implementation of
APU and PPT Program which includes written policies and procedures, of at
least includes:
1. Requests for information and documents;
2. Beneicial Owner; 3. Veriication documents;
4. Simpliied CDD; 5. Termination of relationships and
transaction rejection; 6. Provision of high-risk areas and
PEP; 7. Implementation of CDD by third
parties; 8. Updating and monitoring;
9. Cross Border Correspondent Banking;
10. Transfer of funds; 11. Administration of documents;
and 12. Reporting to the PPATK
D. INTERNAL SUPERVISION The Bank is required to have an
efective internal supervision system. In order to ensure the efectivenes
implementation of APU and PPT program by the Bank, the Bank has
to optimize the existing Internal Audit Unit, among others, to test
the compliance including sample testing the use of of the policies and
procedures associated with the APU and PPT programs.
Efective Implementation of internal control systems is presented as
follows:
