Regulatory Alerts2012-01-06
Bank Indonesia Regulation Number 14/2/PBI/2012 On Amendment To Bank Indonesia Regulation Number 11/11/PBI/2009 On Implementation Of Card - Based Payment Instrument Activities
Bank Indonesia issued Regulation Number 14/2/PBI/2012 to amend Regulation Number 11/11/PBI/2009 regarding the implementation of card-based payment instrument activities. This regulatory update modifies the operational framework and compliance requirements for entities engaged in card payment services within Indonesia. The amendment aims to refine the oversight mechanisms and standards governing the issuance and processing of card-based payment instruments.
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