Day: September 2, 2021

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 […]