Regulation Watch · Business Licensing · Indonesia. The amendment governs electronic integrated licensing through Bank Indonesia's Front Office Perizinan for activities within BI's monetary, macroprudential and payment-system authority.
BI Sets New Cure and Reapplication Clocks for Licensing
PADG 30/2026 gives applicants 14 working days to complete, correct or update a Bank Indonesia licensing file, requires a 20-working-day wait after rejection before resubmission, and adds profile and authority documents to electronic registration.
- Published
- Bank Indonesia established and published PADG 30/2026 through its official regulation portal on 28 September 2026. The official portal does not identify a separate promulgation date or State Bulletin number. Regulation Watch recorded the instrument on 14 October 2026 after Bank Indonesia refreshed the official page and JDIH listing.
- Effective
- 28 September 2026, the effective date stated by Bank Indonesia.
- Added to Watch
- 14 October 2026
Who is affected
Current and prospective Bank Indonesia licence, approval or designation applicants, including eligible PT PMA and PT PMDN companies in payment services, payment infrastructure, money markets, foreign-exchange markets, rupiah-management services and other BI-regulated activities; their shareholders, directors, authorised representatives, legal advisers and licensing, compliance, risk, finance and technology teams.
Practical impact
An applicant notified by Bank Indonesia that its application letter or supporting documents must be completed, corrected or updated has 14 working days after the notice to respond. A rejected licensing application may be submitted again only after 20 working days from rejection. Registration in BI's licensing application now requires the applicant's profile data and an uploaded power of attorney or declaration using the applicable annex form. The amendment changes the common Front Office process, but it does not replace the separate ownership, capital, governance, risk, technology, operational-readiness or sector-specific requirements for the particular licence or approval.
Bank Indonesia established, published and made PADG 30/2026 effective on 28 September 2026. It amends PADG 12/2024, the implementing regulation for electronic integrated licensing through BI's Front Office Perizinan. Bank Indonesia's official summary states that the amendment responds to developments in licensing for monetary, macroprudential and payment-system activities.
The main operational change is a common 14-working-day response period. When BI notifies an applicant that its application letter or supporting documents must be completed, corrected or updated, the applicant must deliver the response within 14 working days after the notice. The team should capture the notice date, calculate the deadline using working days and submit one controlled package that resolves every item rather than sending disconnected documents.
The amendment also sets a 20-working-day waiting period after rejection before a licensing application may be submitted again. This is a cooling-off period, not an automatic approval route. The applicant should use it to address the rejection grounds, reconcile the corporate and regulatory data and rebuild any ownership, capital, governance, risk, technology or operational evidence required by the particular licence.
Electronic registration now requires profile data and an uploaded power of attorney or declaration using the example in the PADG annex. Foreign-owned companies should make sure the representative's authority is consistent with the deed, board approvals and any corporate authorisation chain, and that names, positions and company data match the supporting records.
PADG 30/2026 changes the shared Front Office procedure, not the substantive licence conditions. A payment-service or foreign-exchange applicant, for example, must still satisfy the separate rules governing ownership and control, minimum capital, governance, risk management, technology, security and operational readiness. A 14-day Front Office cure period should not be confused with a different sector-specific review, correction or onsite-readiness period.
For investors and regulated businesses, the practical control is a complete application register: each submission, BI notice, response deadline, uploaded file, authorised representative, rejection reason and earliest resubmission date should be recorded and supported by electronic receipts. This reduces preventable rejection and helps management distinguish administrative completion from final regulatory approval.
Required action
- Identify every pending or planned Bank Indonesia licence, approval, designation and corporate-action submission and assign an accountable owner, authorised signatory and backup reviewer.
- Before registration, reconcile the applicant profile against the deed, AHU record, NIB, tax data, ownership and control structure, directors, commissioners, contact details and the information used in the sector-specific application.
- Use the power-of-attorney or declaration form in the official PADG annex, confirm the representative's authority and identity, and retain the signed source document and upload evidence.
- Record the delivery date of every BI notice and calculate the 14-working-day response deadline under the new rule; submit the complete correction package early and preserve the electronic receipt.
- If an application is rejected, document the rejection date and reasons, correct the underlying defects, and do not resubmit the same licensing application before the 20-working-day waiting period has passed.
- Continue applying every licence-specific requirement and longer substantive-review or remediation period that remains in force; the common Front Office deadlines do not replace the rules for the regulated activity itself.