POJK 13/POJK.02/2018 Digital Financial Innovation in the Financial Services Sector

POJK number 13/POJK.02/2018 - Digital Financial Innovation in the Financial Services Sector regulation is an initiative to stimulate innovation in the digital financial services ecosystem such as through crowdfunding, settlements, investment management, insurance and other categories that fall under the purview of the regulator, the OJK (Otoritas Jasa Keuangan (Financial Services Authority of Indonesia)). This regulation also covers the registration of such companies as digital financial innovation operators (inovasi keuangan digital or 'IKD') who are also then able to apply to the OJK regulatory sandbox. IKD operators provide "innovative" financial products and services which represents a new business process or model, activity, enhancement or efficiency which provides value to the digital financial services ecosystem.

Document Details

Title (Non-English): 
13/POJK.02/2018 Tentang Inovasi Keuangan Digital Di Sektor Jasa Keuang
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Year of Document: 
2018
Date of Document: 
Wednesday, August 15, 2018

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