| Issue Number : 3268

BI Further Regulates Regulatory-Sandbox Provisions for Fintech Organizers

Member of the Board of Governors of Bank Indonesia has issued Regulation No. 19/14/PADG/2017 on the Regulatory Sandbox for Financial Technologies (“PADG 19/2017”), which addresses technical provisions which relate to the organization of a regulatory sandbox approach (“Regulatory Sandbox”) for Financial Technology (“Fintech”),as regulated under Bank Indonesia (“BI”) Regulation No. 19/12/PBI/2017 on the Organization of Financial Technologies (“Regulation 19/2017”).[1]
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Member of the Board of Governors of Bank Indonesia has issued Regulation No. 19/14/PADG/2017 on the Regulatory Sandbox for Financial Technologies (“PADG 19/2017”), which addresses technical provisions which relate to the organization of a regulatory sandbox approach (“Regulatory Sandbox”) for Financial Technology (“Fintech”),as regulated under Bank Indonesia (“BI”) Regulation No. 19/12/PBI/2017 on the Organization of Financial Technologies (“Regulation 19/2017”).[1]
......

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