On March 2025, the fintech practice team of METALAW have contributed to the 7th Edition of The
Legal 500 Tax Comparative Guide specifically in the Indonesia Chapter, published by The Legal 500 which has been analysing law firms across the world. Under this publication, METALAW provides overview of fintech laws in Indonesia which covered 25 questions in a Q&A format provided by Lisa Lanham of Greenberg Traurig.
This publication answers 25 topics describing the current condition of fintech regulations in Indonesia, which includes the questions regarding the operation of the business. The issues discussed in this publication mainly focuses on:
The key regulators having authorities on fintech companies in Indonesia, depending on the activities of the fintech companies.
Evolution of the fintech industry in the jurisdiction through enactment of several rules to enhance the growth of the industry.
Principal procedures for the operation of the fintech business in the jurisdiction which vary depending on the nature and the activity, along with regulation and compliance requirements that must be considered when entering the market in the jurisdiction.
Regulatory sandbox mechanism for fintech activities that are yet to be governed by specific regulations.
Existing securities law applies to initial coin offering and other crypto assets, which also include an overview on the anti-money laundering and know your customer compliance, the required licenses for the business, along with the tax reporting and obligations related to digital assets.
Data privacy protection regulation applicable to fintech business.
Procedures of hiring international talent.
Market enter strategy based on various factors, financial and operational risk, possibility to outsource certain business function, intellectual property rights protection and infringement.
An overwiew of Artificial Intellegence legal framework in Indonesia, which include ethical guidance for AI usages for certain parties and customer protection.
The publication of this Comparative Guide of The Legal 500 by METALAW Fintech Practice Team provides answers to the current frequently asked questions in relation to the fintech business in Indonesia. METALAW has also contributed to several other articles which discussed Indonesia’s current trend and development of law in Conventus Law.
For further information, please contact:
MetaLAW, Legal & Tax Consultant, Jakarta, Indonesia
general@metalaw.id
