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Indonesia: Regulation on IT-based lending services

Description

According to regulation 77/2016 of the Indonesian Financial Services Authority (OJK), foreign investors may only possess up to 85% of an IT-based lending service. Previously, no FDI restrictions were ...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

29 Dec 2016

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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