Bank Indonesia (“BI”) has issued Circular Letter No. 18/21/DKSP Year 2016 (“Amendment”), which amends BI Circular Letter No. 16/11/DKSP Year 2014 on the Organization of Electronic Money (“Circular Letter 16/11/2014”). [1] In essence, the Amendment aims to increase the usage of electronic money (“e-Money”) and cashless transactions by revising provisions which encompass the following areas:
Implementing Regulation for the Organization of e-Money Amended
Unlock the Full Article
Access the full legal analysis, insights, and linked references with a NOMOS subscription.
In-depth legal interpretation
Related regulations across jurisdictions
Case law references & citations
Downloadable formats (PDF/citations)
Choose Your Plan
Smart. Flexible. Just Right for You.
- Monthly / Yearly options
- Indonesia jurisdiction (More soon)
- For solo users or growing teams
- Enjoy a 7-day free trial on all plans
Already subscribed?
Log in
Need more users or custom pricing?
Latest Analysis