Month: September 2021

Steps on the E-Licensing in Bank Indonesia

Steps on the E-Licensing in Bank Indonesia Steps on the E-Licensing in Bank Indonesia

“Within the implementation of Bank Indonesia Licensing FO based on PBI 22/2020, the licensing application has been proceeded through one integrated system (E-Licensing Bank Indonesia).” In May 2020, Bank Indonesia introduced one-stop integrated licensing services in Bank Indonesia, namely Licensing Front Office (FO). Licensing FO has formed based on Bank Indonesia Regulation No. 22/8/PBI/2020 on […]

Minister of Law and Human Rights Regulation Number 34 of 2021

Minister of Law and Human Rights Regulation Number 34 of 2021 Minister-of-Law-and-Human-Rights-Regulation-Number-34-of-2021

Regulation Update – Minister of Law and Human Rights Regulation Number 34 of 2021 on Issuance of Visa and Stay Permit during the Handling Period of Corona Virus Disease 2019 Outbreak and National Economy Recovery (MoLHR 34/2021) Previously, the Government of Indonesia issued the Regulation of the Minister for Law and Human Rights of the […]

Legal Due Diligence on the Payment System Licensing

Legal Due Diligence on the Payment System Licensing Legal-Due-Diligence-on-the-Payment-System-Licensing

“According to Bank Indonesia Regulation on Payment System Provider and Payment System Infrastructure Provider, the licensed applicant required legal due diligence from an independent law consultant.” Starting from 1 July 2021, Bank Indonesia, through Bank Indonesia Regulation No. 22/23/PBI/2020 on Payment System (“PBI 22/2020”), has reformed the payment system provisions digitalization and innovation of payment […]