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Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
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Indonesia | Publication | June 2020
The Government of Indonesia is taking steps to improve the implementation of PPP schemes. Regulatory updates1 include the expansion of the types of infrastructure and scope of projects that can be procured through PPP schemes.
In the transportation sector, the PPP regulations now include terminal facilities, transit-oriented development and testing and measurement of motor vehicles projects. Other sectors now covered by the PPP regulations include non-toll bridges, operational and maintenance technologies for drinking-water provision systems, toxic and hazardous waste management systems and, interestingly, state buildings (office buildings, state housing and other facilities).
In addition, in conjunction with the development of infrastructure, an additional regulation2 provides further detail on construction services that are considered necessary for the procurement of high-quality infrastructure.
For further information please contact Tasdikiah Siregar and Benny Bernarto.
Publication
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
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