Strengthening the Supervision of e-Money
Bank Indonesia has issued Regulation No. 20/6/PBI/2018 on Electronic Money (e-Money) (“PBI 20/6”) which revokes the previous regulation on e-Money. This new regulation has attracted comments from e-money related business companies as it imposes greater and stricter requirements for existing providers as well as new e-Money providers.
Read more about the key provisions of this regulation in the latest Advisory written by Maria Sagrado and Yanuar Pribadhie by downloading the PDF below