IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

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

Foreign customer limit

Regulation 77/2016 of the Indonesian Financial Services Authority (OJK) also introduces a restriction that IT-based lending service may only provide loans to borrowers that originate and are domiciled in Indonesia (art. 15).

The regulation came into force on 29 December 2017.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

711 Financial, insurance & pension services, excl. investment banking

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