In an effort to encourage the transformation of Indonesia’s banking services and to improve the competitiveness of its banking sector, [1] the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) is currently preparing the Draft Regulation on Commercial Bank Business Activities (“ Draft Regulation ”), as officially announced on 20 November 2020 on the OJK’s website in order to solicit a public response. [2]
Draft OJK Regulation on Commercial Bank Business Activities
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