Indonesia

AML / KYC

Indonesia and France to Strengthen Financial Cooperation

By Nithya Subramanian | 03/06/2025

The central banks will collaborate on a range of initiatives, including digital payments, sustainable finance, and AML/CTF measures.

AML / KYC

FATF Upgrades Indonesia’s Rating on Recommendation 7

By Editors | 31/05/2025

The 2nd Enhanced Follow-Up report for Indonesia acknowledges regulatory amendments concerning targeted financial sanctions related to proliferation.

China, Indonesia to Expand Local Currency Transactions

By Nithya Subramanian | 27/05/2025

Indonesia and China signed a series of wide-ranging agreements to boost economic cooperation, including deepening sovereign wealth fund collaboration.

Market Infrastructure

Indonesia Implements New Rules for Liquidity Providers

By Nithya Subramanian | 12/05/2025

The new rules aim to improve market depth, enhance price discovery, and attract more investor participation.

Fintech / Regtech

Korea to Launch QR Code Payment Service in Indonesia

By Nithya Subramanian | 12/05/2025

The QR code payment service is expected to start in Indonesia later this year, and will expand to Vietnam next.

Fintech / Regtech

OJK Indonesia Launches AI Governance Framework for Banks

By Nithya Subramanian | 05/05/2025

New guidebook takes a holistic approach covering the entire AI lifecycle; part of OJK’s broader initiative to accelerate digital transformation in the financial sector

Fintech / Regtech

US Criticises Indonesia Over QR Code Payment System

By Mark Johnston | 27/04/2025

USTR says US companies were not adequately informed about or invited to share views on QRIS policy-making.

Fintech / Regtech

Indonesia Launches Revamped “Infinity 2.0” Platform to Boost Innovation

By Mark Johnston | 26/04/2025

Infinity 2.0 is a revamped digital platform to foster collaboration, innovation, and cybersecurity in the digital financial sector.

Market Infrastructure

Indonesia Stock Exchange Tightens Circuit Breaker Mechanism

By Manesh Samtani | 14/04/2025

IDX also tightened its auto-rejection rule for share transactions so that sell orders are automatically rejected if a stock falls by 15%.