On 16 October 2025, Ministry of Finance and Economic Planning published information on a strategic initiative concerning Cybersecurity Regulation on Secure Financial APIs in the Financial Sector Development Strategy (2025 - 2030). This regulation aims to enhance data security by implementing token-based authentication and enforce TLS/SSL encryption for data transfers within the Fintech industry. The initiative involves establishing a national API governance framework, which will include regular security audits, penetration testing, and incident response protocols. The policy seeks to bolster trust in digital financial services by reducing risk and promoting financial inclusion, thereby encouraging digital platform adoption. Monitoring of APIs in real-time is planned, supporting rapid response to vulnerabilities and threats.
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