Month: January 2019

Legal Due Diligence For E-Money License Application?

However, PBI 20/06/2018 also specifically mentioned that aside from the representation and warranties from the board of director, applicants are also obliged to enclose a professional statement (Legal Opinion) from an independent and professional legal consultant (“Lawyer”), based on the results of their Legal Due Diligence (“LDD”) to the applicant company as required.