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Indonesia: Changes to the FDI rules concerning Indonesian digital banking

Description

On 30 July 2021, the government of Indonesia issued the Financial Services Authority (OJK) Regulation No. 12/POJK.03/2021, increasing the limit of single ownership for a foreign investor in the Indone...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

30 Oct 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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