Finance Omnibus Law’s Fast Lane
Monday, 26 December 2022
The PPSK Law was passed with relatively fast deliberations. This financial omnibus law unifies 17 laws, changing the gameplay of many financial services institutions and businesses.
HOUSE of Representatives (DPR) Speaker Puan Maharani asked legislators twice if they approve the ratification of the bill on the Development and Strengthening of the Financial Sector. Each time, the legislators said yes. “Can the bill be approved and passed into law?” Puan’s voice broke the silence, followed by a roar.
On 10am, Thursday, December 15, the DPR introduced the Law on Development and Strengthening of the Financial S...
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