Indonesia

Sustainable Finance

Indonesia Opens Carbon Exchange to International Participants

By Nithya Subramanian | 24/01/2025

Minister says every certificate issued for international trading has been validated and authorised to prevent double accounting, double payment, and double claims.

Structural Regulation

Indonesia OJK Issues New Requirements for P2P Lending & BNPL

By Editors | 14/01/2025

New minimum age and income requirements set for P2P and BNPL borrowers. BNPL providers have to report transaction to the credit bureau

Cryptocurrency

Indonesia OJK Assumes Crypto Oversight, Eyes Investor ID System

By Nithya Subramanian | 14/01/2025

Bappebti has handed over regulatory responsibilities for cryptocurrencies and derivatives to the OJK and BI

Liquidity Risk

OJK Indonesia Adjusts LCR, NSFR Regulations for Banks

By Editors | 04/01/2025

The amendments will require all conventional commercial banks including smaller banks to comply with the LCR and NSFR rules.

Cryptocurrency

OJK Indonesia Issues Regulations for Digital Asset Trading

By Manesh Samtani | 03/01/2025

OJK is adopting Bappebti regulations, with refinements, to ensure continuity as it transitions into the new regulatory body for Indonesia’s crypto sector.

Payments & Settlements

Bank Indonesia Launches Three New BI-FAST Services

By Editors | 01/01/2025

The new services enable real-time bulk transfers, requests for payment functionality, and direct debit transfers for routine payments.

Cryptocurrency

Cambodia Issues New Regulatory Framework for Crypto

By Manesh Samtani | 30/12/2024

Banks can only have direct exposure to Group 1 cryptoassets. Services offered to customers can include other cryptoassets.

Anti-Bribery & Corruption

Bank Indonesia Under Investigation by Anti Corruption Agency

By Editors | 23/12/2024

KPK searched several rooms at Bank Indonesia including the governor’s office. A search operation was also conducted at OJK.

Payments & Settlements

Indonesia Launches NFC-based QRIS Tap Payments Trial

By Editors | 20/12/2024

The trial commenced to test contactless QRIS payments on transportation modes in Jakarta. Full implementation planned for Q1 2025