| Issue Number : 3264

New BI Regulation on Fintech

Bank Indonesia (“BI”) recently issued Regulation No. 19/12/PBI/2017 on the Organization of Financial Technologies (“Regulation 19/2017”). Regulation 19/2017 is essentially aiming to accommodate technological developments, as well as to guarantee customer protection within the financial sector in a bid to maintain monetary stability and the stability of the financial system, as well as reliable payment systems capable of supporting sustained national economic growth.[1]
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Bank Indonesia (“BI”) recently issued Regulation No. 19/12/PBI/2017 on the Organization of Financial Technologies (“Regulation 19/2017”). Regulation 19/2017 is essentially aiming to accommodate technological developments, as well as to guarantee customer protection within the financial sector in a bid to maintain monetary stability and the stability of the financial system, as well as reliable payment systems capable of supporting sustained national economic growth.[1]
......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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