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A new Bank Indonesia regulation seeks to implement a major overhaul of the payment licensing framework in Indonesia, in line with the digital economy framework set out in the 2025 Indonesia Payment System Blueprint. Read more
A new stamp duty law came into effect in Indonesia on 1 January 2021 through Law No. 10 of 2020 on Stamp Duty. The new law includes detailed provisions on stamp duty obligations as well as several new stamp duty objects. Read more
Insurance companies and their distribution partners, including banks, multi–finance companies, and digital platforms, should take note of a new circular letter issued by Indonesia’s Financial Services Authority on the marketing of insurance products. Read more