Indonesia: Limited foreign investors controls on Payment System Operators and Payment System Infrastructure Operators

Progress

Current status

in force

01 Jul 2021 in force

30 Dec 2020 under deliberation

Scope

Implementers

Indonesia

Policy Area

Foreign direct investment

Policy Instrument

MNE: Entry and ownership rule

Regulated Economic Activity

other service provider

Government Branch

executive

Government Body

central bank

Implementation Level

national

Timeline of events

01 Jul 2021

in force

Implemented Central Bank of Indonesia regulation to limit foreign investors controls on Payment System Operators (PJP) and Payment System Infrastructure Operators (PIP)

On 1 July 2021, the Central Bank of Indonesia (BI) implemented a regulation to limit foreign investors' controls on Payment System Operators (PJP) and Payment System Infrastructure Operators (PIP). Under the new regulation, BI classified the rights …

Source

Event type order

Action type implementation

Government branch executive

Government body central bank

30 Dec 2020

under deliberation

Announced Central Bank of Indonesia regulation to limit foreign investors controls on Payment System Operators (PJP) and Payment System Infrastructure Operators (PIP)

On 30 December 2021, the Central Bank of Indonesia (BI) announced a regulation to limit foreign investors' controls on Payment System Operators (PJP) and Payment System Infrastructure Operators (PIP). Under the new regulation, BI classified the righ…