| Issue Number : 4173

BI Introduces New Provisions on Payment System Service Providers

In an attempt to accommodate recent developments in business models and innovations that relate to payment systems,[1] Bank Indonesia (“BI”) has finally issued Regulation No. 23/6/PBI/2021 on Payment System Service Providers (“Regulation 6/2021”).

Through the issuance of Regulation 6/2021, various legal frameworks and several provisions contained therein have now been repealed and replaced. These legal frameworks and provisions encompass the following:[2]

......

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In an attempt to accommodate recent developments in business models and innovations that relate to payment systems,[1] Bank Indonesia (“BI”) has finally issued Regulation No. 23/6/PBI/2021 on Payment System Service Providers (“Regulation 6/2021”).

Through the issuance of Regulation 6/2021, various legal frameworks and several provisions contained therein have now been repealed and replaced. These legal frameworks and provisions encompass the following:[2]

......

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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