Expertise: Artificial intelligence

Regulation of Artificial Intelligence in Indonesia

The introduction and rise of artificial intelligence (“AI”) in different industries and sectors, including the financial services sector and the telecommunications industry, is affecting almost every aspect of how those industries and sectors operate. Despite the many advantages of AI, the transition to its increased carries potential risks if not accompanied by appropriate laws and Regulation of Artificial Intelligence in Indonesia

Fintech in Indonesia – AI and Distributed Ledger Technology

Presently, there is no specific law or regulation in Indonesia that addresses the use of artificial intelligence, including robo-advice. However, artificial intelligence is mentioned in Financial Services Authority (OJK) Regulation No. 13/POJK.02/2018, dated 16 August 2018, regarding Digital Financial Innovation in the Financial Services Sector as one of the examples of digital financial innovation in Fintech in Indonesia – AI and Distributed Ledger Technology