Bank Indonesia targets fintech firms with new anti-money laundering rules
New regulation applicable to non-bank financial services, money changers and fintech firms
The Indonesian central bank has unveiled new regulations to strengthen anti-money laundering and countering the financing of terrorism provisions for non-bank financial services and money changers.
The bank is targeting a broader range of non-bank financial institutions, including credit card issuers, electronic money providers and fintech start-ups.
The regulations aim to support government efforts to combat money laundering and terrorism financing, and are in line with guidelines provided by
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