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Story perspectives

Indonesia's SupTech Rollout: A Model for Emerging Markets

9/30/2025

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Story summary
  • Indonesia is rolling out Supervisory Technology (SupTech) in a phased plan across banking, capital markets, and multifinance.
  • The approach offers lessons for regulators in emerging markets on scaling technology.
  • Digital supervision requires governance, capacity building, and public trust in addition to tools.
  • Singapore and Australia are advancing SupTech, and Indonesia’s model could influence regulators in the Philippines, Vietnam, and Thailand.