This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Indonesian financial regulator defends fintech interest-rate cap amid cartel probe

By Roffie Kurniawan ( May 20, 2025, 11:21 GMT | Insight) -- Indonesia’s financial services regulator has defended the use of interest-rate caps in the country’s online lending industry, as the country's antitrust agency prepares to begin hearings into alleged cartel behavior. The Financial Services Authority, or OJK, today came out to say the establishment of a maximum daily interest rate by the Indonesian Joint Funding Fintech Association, or AFPI — the alleged anticompetitive behavior in question — was implemented at its direction at the time.Indonesia’s financial services regulator has defended the use of interest-rate caps in the country’s online lending industry, as the country's antitrust agency prepares to begin hearings into alleged cartel behavior....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections