Indonesia: Signed Indonesia-UAE Memorandum of Understanding on payment system cooperation
Description
Signed Indonesia-UAE Memorandum of Understanding on payment system cooperation
On 8 November 2021, the Central Banks of Indonesia and the United Arab Emirates signed a Memorandum of Understanding to strengthen cooperation in payment systems and digital financial innovation. In particular, the Memorandum involves financial services digital innovation, the countries' cross-border payment systems and the policies to prevent money laundering and the financing of terrorism.
Original sourceScope
Policy Area
Data governance
Policy Instrument
Cross-border data transfer regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
bi- or plurilateral agreement
Government Branch
executive
Government Body
central bank