Announcement
09 Nov 2016
On 9 November 2016, the Indonesian national bank issued regulation 18/40/PBI/2016 on electronic payment services.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
09 Nov 2016
Revocation date:
No revocation date
Updated: 09 Nov 2016
FDI: Entry and ownership rule
In force
The regulation introduces a foreign ownership cap of 20%, since, according to article 5(2), electronic payment service companies have to be at least owned to 80% by Indonesian citizens or Indo...
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