Announcement
12 Jul 2017
On 12 July 2017, the Indonesian Financial Services Authority (OJK) issued regulation 37/POJK.03/2017 on hiring foreign staff in the banking sector.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
12 Jul 2017
Revocation date:
No revocation date
Regulation 37/2017 by the Financial Services Authority (OJK) introduces new restrictions on hiring foreigners in the banking industry.
According to article 4 of the regulation, foreigners a...
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