IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 29 Dec 2016 | Removal date: open ended
Still in force

Controls on commercial transactions and investment instruments

Regulation 77/2016 of the Indonesian Financial Services Authority (OJK) introduces new financial restrictions on IT-based lending services. According to article 1 of the regulation, loans must be issued in Indonesian rupiah.

The regulation came into force on 29 December 2017.

AFFECTED COUNTRIES

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