IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 29 Jul 2016 | Removal date: open ended

FDI: Entry and ownership rule

 On 29 July 2016, the Indonesian Financial Services Authority OJK published regulation 31/POJK.05/2016 on pawnbroker businesses.
Inter alia, the regulation prohibits foreigners from owning such businesses in Indonesia, unless the direct ownership of the underlying company was acquired on the stock exchange.
The regulation came into force on the day of its announcement.

AFFECTED COUNTRIES

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