KPEI Corporate Governance

The CCP Clearing and Risk Handling Committee was formed with the aim of providing input, suggestions and recommendations to the Board of Directors and Board of Commissioners regarding operational policies in supporting the implementation of clearing and guaranteeing the settlement of PUVA transactions, as well as providing recommendations for handling payment failures among CCP Members.

Duties and responsibilities in providing recommendations for operational activities include:

1. PUVA transaction risk management and control policies;
2. Initial Margin (IM) and Default Fund Contribution (DFC) management and investment policies;
3. Handling CCP Member Default Conditions;

Duties and responsibilities in maintaining professionalism include:

1. Maintain confidentiality and security of documents;
2. Be independent, objective and professional.

Duties and responsibilities related to compliance with regulations include:

1. Carry out monitoring to encourage the implementation of daily operations related to the administration and management of the Guarantee Fund as well as the implementation of the Company's risk management so that it does not deviate from the established provisions and policies;
2. Ensure that the Board of Directors and the Guarantee and Risk Management Division (PPR) carry out the management of the Guarantee Fund and the risk management process in accordance with the applicable laws and regulations in the field of money markets and foreign exchange and other laws and regulations relating to the management of the Guarantee Fund and the Company's risk management;
3. Ensure that the Board of Directors, PPR Division and Money Market and Foreign Exchange Unit (PUV Unit) do not violate laws and regulations in the field of money markets and foreign exchange, other laws and regulations relating to the management of guarantee funds and the Company's risk management;
4. In the event that there is an indication that there has been a violation of the applicable rules and regulations in the field of money markets and foreign exchange, the Clearing and Risk Management Committee can review the administration and management policies of guarantee funds as well as review the risk management parameters.

Members of the CCP Clearing and Risk Management Committee of IDClear :

No	Name	Institution
1	Iding Pardi	PT Kliring Penjaminan Efek Indonesia
2	Rayendra Minarsa Goenawan	PT Bank Negara Indonesia (Persero) Tbk.
3	Bily Arkan	PT Bank Mandiri (Persero) Tbk.
4	Itang Rusdinar	PT Bank Rakyat Indonesia (Persero) Tbk.
5	Daniel Edison Hutapea	PT Bank CIMB Niaga Tbk.
6	Benny Tresanto	PT Bank Permata Tbk.
7	Satyo Haryo Wibisono	PT Bank Danamon Indonesia Tbk.
8	Irwan Santoso	PT Bank Maybank Indonesia Tbk.
9	Radiman Ali Rohim	PT Bank Central Asia Tbk.