BI

Bank Indonesia

Asia
🏛️
Jurisdiction
Indonesia
📋
Regulations
1
Open Banking frameworks
🌍
Region
Asia
🔗
Type
NCA
National Competent Authority

About BI

The Bank Indonesia (BI) is the primary financial regulatory authority in Indonesia responsible for overseeing open banking and financial services. As a National Competent Authority (NCA), BI ensures that banks and third-party providers comply with open banking regulations, protecting consumers while fostering innovation in financial services.

Jurisdiction

Indonesia
View Open Banking providers, banks, and TPPs in Indonesia

Regulations Overseen

BI is responsible for enforcing and monitoring compliance with the following open banking and financial regulations:

Key Responsibilities

Licensing and authorizing Third-Party Providers (TPPs) including AISPs and PISPs
Ensuring banks provide secure API access to authorized third parties
Monitoring compliance with Strong Customer Authentication (SCA) requirements
Investigating complaints and enforcing consumer protection standards
Publishing guidance and technical standards for open banking implementation
Coordinating with other regulators on cross-border open banking matters

Official Resources

Related Regulators

Other open banking regulators in Asia:

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