Indonesia

Payments & Settlements

Malaysia, Indonesia, Thailand Expand Local Currency Settlement Network

By Nithya Subramanian | 06/08/2025

The central banks have appointed new ACCDs to support the LCTF, to boost trade and investment settlements in ringgit, rupiah and baht.

AI Risk & Governance

Indonesia Set to Finalise AI Regulation, Launch Data Watchdog

By Manesh Samtani | 04/08/2025

Indonesia will issue a presidential decree on AI governance and establish its national data protection authority within August.

Data Privacy

Bank Indonesia to Commence Trial of New 'Payment ID' System

By Nithya Subramanian | 04/08/2025

A limited trial will begin on 17 August to streamline financial data integration while adhering to strict personal data protection laws.

Cryptocurrency

Indonesia’s OJK Takes Over Full Oversight of Digital Assets from Bappebti

By Nithya Subramanian | 01/08/2025

The regulator will focus on strengthening regulatory certainty, enhancing consumer protection, and ensuring financial system stability.

Liquidity Risk

Indonesia to Inject Funds into Four State Banks to Boost Rural Lending

By Nithya Subramanian | 01/08/2025

The government will place funds into four state-owned banks to boost lending to village cooperatives, as part of President Prabowo’s push to drive economic growth.

Cryptocurrency

Indonesia Overhauls Crypto Rules, Reclassifies Assets, Hikes Taxes

By Editors | 31/07/2025

New rules effective 1 August will double transaction taxes for sellers and reclassify crypto as a financial asset, removing VAT for buyers.

KYC & CDD

Indonesia's OJK Boosts Oversight with Integrated GRC System and Data-Sharing Pact

By Mark Johnston | 28/07/2025

OJK has launched a real-time risk platform and signed a data-sharing pact to tighten supervision of financial firms.

Conduct, Culture & Accountability

Indonesia to Impose New Risk Management Rules on Investment Managers

By Sanday Chongo Kabange | 24/07/2025

The OJK says the new regulation introduces risk-based supervision and health assessments, giving firms a two-year transition period to comply.

Structural Regulation

Indonesia’s OJK Issues Rules on Internal Controls for Securities Firms

By Nithya Subramanian | 24/07/2025

The rules outline stricter requirements for underwriters, brokers, and regional securities firms, focusing on due diligence and IT governance.