Indonesia Set to Pursue Broad Financial Sector Reform in 2021

  • Financial sector, data privacy among bills listed as priority
  • Final list of draft laws needs parliamentary approval
Photographer: Dimas Ardian/Bloomberg
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Indonesia is set to debate a bill this year that would bring a wide reform to its financial sector after a parliamentary body included it in its priority list for 2021.

As many as 33 draft laws are included in the list for the parliament to discuss this year, according to a meeting of the legislation committee late Thursday. Other draft regulations include the anti-sexual violence bill, personal data protection bill and a draft law on alcoholic drinks restriction.