Posts Tagged ‘e-money’

Bank Indonesia in Yogyakarta by B10m

Bank Indonesia Sets New Limits for the Provision of E-Money

Bank Indonesia (“BI“) has issued a long-anticipated regulation on e-money that stipulates a number of requirements and prohibitions that were previously unregulated. The new regulation, BI Regulation No. 20/6/PBI/2018 regarding Electronic Money (“BI Reg 20“), revokes all existing BI e-money regulations. E-Money Classification BI Reg 20 opens with an explicit classification of e-money based on [...]