A Quiet Shift Is Changing How Indonesia Looks at Cross-Border Payments | PR
For years, cross-border payments were treated as a routine part of doing business in Indonesia. Management fees, royalties, import payments, and intercompany transfers flowed through banks with relatively limited follow-up, provided basic reporting requirements were met. That era is gradually ending. Without dramatic announcements or headline-grabbing enforcement actions, Indonesia has been recalibrating how it monitors … Read more