Global Trade Alert
Global Trade Alert

Indonesia: Restricted hiring of foreigners in the banking sector

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

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Jul 2017

Revocation date:

No revocation date

Last action: 12 Jul 2017
Labour market access In force
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 are allowed ...
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