The update regulates the BI-FAST payment system operated by Bank Indonesia, which is a core payment infrastructure serving banks and financial institutions for transaction settlement and fund transfers — a foundational retail banking payment service.
Investment Services (72%)Low confidence — REQUIRES HUMAN REVIEW. While the BI-FAST system facilitates payments across multiple participant types, the update focuses on operational and infrastructure governance rather than investment services or asset management.
The regulation establishes operational requirements for payment system participants including security standards, infrastructure protection, compliance monitoring, and administrative procedures for the BI-FAST payment system.
Supervision (82%)Mandatory inheritance: Regulatory Reporting is a child of Supervision, so Supervision must be raised as the secondary tag.
Bank Indonesia, BI, Rupiah, kurs BI, kurs tengah BI, kalkulator kurs, inflasi, kurs transaksi, JISDOR, PINTAR BI, BI Fast, bank sentral, QRIS, uang Rupiah, SIMODIS, Sobat Rupiah, Cadangan Devisa, Gubernur Bank Indonesia, uang, bank, CBP, Cinta Bangga Rupiah, Cinta Rupiah, JIBOR, IndONIA
CRITICAL BEHAVIORAL RULES (these override all other instructions): - Always generate an update. Never refuse, never ask for more information, and never say you cannot produce output. - If the source content is in a non-English language, translate and summarise it into English. - If the source content is sparse, administrative, procedural, or lacks expected regulatory elements, extract and present whatever information is available. This includes personnel appointments, cabinet changes, institutional restructures, and any official government action. - Never include disclaimers or meta-commentary about source quality, translation limitations, or content gaps. - If you cannot determine a piece of information, simply omit it rather than noting its absence. - Content scope is broad: generate updates for all government and official publications including regulatory changes, legislation, consultations, decrees, personnel appointments, institutional announcements, administrative decisions, and any other government or authority action. Do not filter by topic relevance. You are an AI assistant generating Horizon scanning updates for government, regulatory, and institutional content. GROUND RULES FOR HORIZON SCANNING UPDATES: Title Requirements: - The jurisdiction must appear in the update title - For PC/FS updates, use title case - Titles must be declarative statements (not questions) Body Text Requirements: - Target 200-250 words, but shorter is acceptable when source material is limited - Include as many of the following as the source material supports: jurisdiction, authority, brief description of the development or action, relevant dates (effective dates, announcement dates, enforcement dates) - Include links to relevant legislation where applicable - Reference all initialisms in full on first use (e.g., "Financial Conduct Authority (FCA)") - Must be factual only - no speculation or sweeping statements - When information is unavailable, simply omit it rather than noting its absence Format your response as: TITLE: [Your declarative title with jurisdiction] BODY: [Your factual summary with all required elements]
Horizon Scanning Outline.
Purpose of Analyst writing Horizon Scanning Updates
Distil the key points of the development for clients to quickly see what is changing without reading the whole source.
Provide updates to key events from government and regulatory bodies, including consultations, legislation, decrees, appointments, and institutional changes.
Simplify complex updates and sources so that they’re succinct, concise and clear to read.
Consistently structure and write updates in the same format.
Structure of Horizon Scanning Updates
Always think about:
Who (Authority) is publishing/enforcing the content/regulation?
Where (Jurisdiction)?
What type of document or announcement is it (e.g., consultation, regulation, decree, appointment, institutional change)? What is changing/being informed?
Who is this update applicable to (credit, e-money institutions, etc.)?
Why is this update noteworthy? What is its significance?
When is the update applicable?
Title
Describe what the update is about.
Include the jurisdiction (where); subject (authority - who); and a verb (doing word such as issues, publishes, launches, etc.- what).
All titles should be written in present tense.
Avoid using acronyms
Approx 10 - 20 words
Example
Turkey’s Personal Data Protection Authority Publishes Data Protection Guidance
Paragraph 1
Open with the date of the update (When)
Name the authority that released the update (Who)
Summarise the release (What)
Example
On June 20, 2025, the Securities and Exchange Board of India (SEBI) launched a consultation on guidelines for responsible usage of artificial intelligence (AI) and machine learning (ML) in Indian securities markets.
Paragraph 2
Summarise key points.
The change/amendment aiming to achieve (what)
What is its objective, why is it happening? Why is it significant? (why)
Who does it impact or concern? (Who)
The aim is to summarise large source documents so the reader doesn’t need to do it themselves. DO NOT just copy the first few sentences of the document.
Example
SEBI aims to produce guidelines providing high-level principles for market participants to establish reasonable procedures and control systems for the supervision and governance of AI/ML applications and tools. To develop this, SEBI created a working group to:
Study Indian and global best practices.
Prepare the guidelines.
Address the concerns and issues arising from AI/ML usage.
SEBI is consulting on the following principles to develop the guidelines:
Model governance: Market participants should have an internal team with adequate skills and experience to monitor and oversee the use of AI/ML-based models.
Investor protection and disclosure: Market participants using AI/ML that impacts their customers should disclose such usage. Relevant use cases include algorithmic trading, asset management, advisory, and support services. The disclosure must include product features, purpose, risks, limitations, and other relevant information.
Testing framework: Market participants should adequately test and continuously monitor AI/ML-based models to validate their results.
Fairness and bias: AI/ML models should not favour or discriminate against any group of clients.
Data privacy and cybersecurity: As AI/ML systems rely on data processing, market participants should maintain a clear policy for data security.
Paragraph 3
Acts as a “Call To Action”. Provide forward looking context:
What actions need to be taken?
Who needs to take action?
Next steps to the development.
Include any relevant dates (When)
Response dates - should always be provided for consultations
Effective dates - should be used if we know definitively that the act/reg is coming into effect on a specific date, i.e., it has been passed/adopted.
Example
The comment period ends on February 2, 2026, at 11:59pm and responses can be submitted here. The comment response is expected to be published in April 2026.
References
Should always be included, and should come from a primary source, i.e., an authority, not a news source.
General Style Notes:
200-250 words
Active voice
Authorities and companies referenced as a single entity (“It”, not “they”)
Titles in title case
Internal Vixio vocabulary guide
Content Style Guide
Spelling should generally be in UK English, except for North American-facing (US/Canada/Caribbean) content.
A
Acronyms - should be spelt out in first instance with acronym in brackets. For example, Financial Conduct Authority (FCA).
Act - when just referring to “the act”, it does not need a capital a.
Active prose - should always try to write in active rather than passive - more direct and clearer (For example - The report was released by the Gambling Commission (PASSIVE); The Gambling Commission released the report (ACTIVE))
Advise/advice - advise (verb) - to offer suggestions (for example, I advised them to sell).
- advice (noun) - give formal suggestions (for example, I gave them advice).
Advisor NOT adviser
Affect - verb - “have an effect on something, make a difference”
Alternate/Alternative
- Alternate (adjective) - means every other
- Alternative (noun) - strictly one out of two
- Alternative (adjective) - the other of two things.
Although - not to be interchanged with “while” - means “in spite of” NOT “at the same time”.
AML/CTF - anti-money laundering and counter-terrorism financing - NOT AML/CFT
Among/while NOT Amongst/whilst
API - application programming interface
Apostrophes - to be used in possessives, i.e. an operator’s licence NOT an operators licence (for plurals, should appear after the s, with no second s).
Article/Part/Section - should be capitalised when referring to a specific article - e.g., Article 4 of the Gambling Act.
Assure/ensure - not to be confused - assure means “tell someone something positively to dispel doubts”, ensure means “makes certain something will occur”.
B
Between - should always appear with “and” NOT “to” - for example, between this summer and next summer.
Big tech - two words, breaks convention of other tech words
Bills - U.S. bill names should appear without full points and a space between the letters and numbers (i.e. SB 522 NOT SB522 or S.B. 522).
Brackets - square brackets should be used to denote deletions or additions in quotes.
Buy now, pay later - no hyphens
Bullet points - see Lists
C
Capitalisation - all important words should have a capital in titles (i.e. just not joining words such as and/of/the/a)
Cardrooms not card rooms
Cases - legal cases should appear in italics, with a v for versus.
Casino-resorts NOT casino resorts or resort-casinos
Chief executive NOT chief executive officer
Colons (:) - used between independent clauses when the second clause explains, illustrates or expands on the first (i.e. to introduce lists, quotes)
Commas - to be used in figures to denote thousands to avoid confusion with years (i.e, $2,000 NOT $2000)
Comparisons - compare with (highlighting differences)
- compare to (highlighting similarities)
Companies/organisations - singular entities (it NOT they)
should be followed by “which/that” rather than “who”
Ltd, not Limited
Complement - to accompany something/add value
Compliment - give praise (complimentary = free)
Compound adjectives - should be hyphenated (sports-betting operators / first-quarter earnings)
Comprise/comprising - should NOT be followed with “of”, as it means to “consist of”
Conjunctions - should appear with a semi-colon before and a comma afterwards (; however, / ; therefore,)
Continually - if something occurs repeatedly/regularly in the same way
Continuously - if something occurs without interruption or gaps
Contractions - don’t, can’t, won’t, etc. to be avoided in copy (except in marketing material and depending on tone)
Contrast - by contrast - when comparing one thing to another
- in contrast - simply noting a difference
Counsel/Council - counsel = advice, guidance; council = an advisory group or meeting
Court of Justice of the European Union (CJEU) rather than ECJ
Cryptocurrency - one word, not hyphenated.
Crypto-assets - hyphenated
Cybersecurity - one word, not hyphenated
CTF - counter-terrorism financing - NOT CFT/countering the financing of terrorism
Currencies - if not using common symbols (£, $, €), then three-letter code should be used before the figure (no spaces) - for example, PLN50,000. Full term lower case (eg euro, baht, pound, dollar)
m for million, bn for billion, trn for trillion.
D
Date format - Month, Day, Year (e.g., March 7, 2019)
For Insights & Analysis summary text: can just say “today”, e.g., “Today a bill was passed for…”
For Insights & Analysis body text: dates should always accompany days of the week in brackets, e.g., “On Wednesday (June 8) a bill was passed...”
For NIBs: always use dates rather than days.
Department for Digital, Culture, Media & Sport - ampersand
Directives - for commonly used directives, style is 4th Anti-Money Laundering Directive (4th AMLD), revised Payment Services Directive (PSD2)
- try to use widely known titles rather than just numbers to ensure the directives are more easily recognised.
DLT - distributed ledger technology
E
Effect - noun - “cause something to happen”.
Em dash (—) - should be used as a conjunction, not a hyphen or en dash (–).
Ensure/assure - not to be confused - ensure means “makes certain something will occur”, assure means “tell someone something positively to dispel doubts”.
esports NOT eSports or e-sports
Euros - should be denoted with a “€” (CNTRL+ALT+4) NOT “EUR”.
F
fintech NOT FinTech
Footnotes - avoid where possible, if necessary write them into the text or add links.
G
GGR - “gross gaming revenues”
Government - does not need a capital g.
Governor - should be written out in full, NOT Gov.
Guidance (singular and plural) - does NOT need to be preceded by “a” (Guide/guides, Guideline/guidelines)
H
Headlines - all words should begin with a capital
Horseracing NOT horse racing
Hyphenation - DO: land-based, fixed-odds, cross-border, invitation-only, fast-tracked (if “a fast-tracked application”), match-fixing, year-on-year, up-to-date, whistle-blowers, six-month period, non-fungible tokens, crypto-assets, e-money
- DON’T: email, blocklist, whitelist, whitelisted, cybersecurity, cryptocurrency, white paper
I
Impact - should be used as a noun - i.e. the new act will have an impact on…
- verb means “come into forcible contact with something else”.
- using “affect” as a verb is more accurate.
J
Judgment - legal decision
Judgement - one’s own opinion
Jargon - avoid using confusing terms or tabloidese, e.g. use players rather than punters.
Job titles - should appear in commas after a name - for example, Neil McArthur, Gambling Commission chief executive.
OR before a name with no commas - for example, Gambling Commission chief executive Neil McArthur
DON’T need capitals unless a figure of importance (i.e., Prime Minister, President)
Italics - whole chunks of text from legislation should be italicised; however, short quotes do not need to be.
Justice Department - U.S. Department of Justice - to appear with caps (as requested by US team).
K
KYC - know your customer
L
Legislature - does not need a capital l.
Less than - NOT to be confused with “fewer than” when referring to a number of something. i.e. fewer than 100 gambling tables.
Licence - noun (UK), i.e. a driver’s licence
License - verb/noun (US)
Lists - bulleted lists should generally begin with a cap and end with a full stop (make sure they are consistent).
M
MONEYVAL NOT Moneyval
More than - to be used instead of “over”. i.e., more than 20 players rather than over 20 players.
N
Names - should appear before job titles in commas - for example, Neil McArthur, Gambling Commission chief executive.
Names - should be written in full in first instance and then the surname used throughout.
Numbers - 1-10 should be written out (except for percentages and measurements); should always be written out at the start of sentences.
Non-fungible tokens - all lowercase (non-fungible tokens)
O
Offence - noun (UK), i.e. commit an offence
Offense - noun (US)
Organisations/companies - singular entities (it NOT they)
should be followed by “which/that” rather than “who”
Oxford comma - (appears before “and” or “or”) - to be used sparingly and only when necessary to avoid any confusion in a sentence (i.e., where more than one “and/or” appears).
Over - should not be used as a replacement for “more than”.
P
Parliament - does not need a capital p.
Part/Section/Article - should be capitalised when referring to a specific part - e.g., Part 4 of the Gambling Act
Passive voice - should always try to write in active rather than passive - more direct and clearer (For example - The report was released by the Gambling Commission (PASSIVE); The Gambling Commission released the report (ACTIVE))
Past/passed - past is a noun/adverb/adjective - “in the past”, “past experience”.
- passed is the past tense of “to pass” - “the law was passed in government”.
Prepaid, not pre-paid
Percentages - numbers should always be written as figures
percent NOT per cent or %
Figures should appear with a full point between them NOT comma (for example, 5.7 percent NOT 5,7 percent)
Possessives - require an apostrophe and should not be confused with plurals - i.e., an operator’s licence NOT an operators licence (for plurals, should appear after the s, with no second s).
Prepositions - keep an eye out for missing prepositions - according “to”/ in accordance “with”/ in relation “to” / with regard “to”
Principal - main, most important
Principle - a fundamental source or basis of something
Programme (UK)
Program (US, UK - for computer program, Australian English)
Q
Quotes - speaker should be referenced in the past tense (said NOT says)
Quote marks - double quote marks should be used for speech
- single quote marks should only be used for titles and within quotes.
(See Quote reference sheet for more information on how to use quotes.)
R
regtech NOT RegTech
Repetition - avoid using words that mean the same thing (“and also” / “include, among others” / VLT terminals / ATM machines)
Racetracks not race tracks
S
Seasons - when referencing a specific season of a year should be treated like a proper noun, i.e. should include a capital - Winter 2018.
Section/Article/Part - should be capitalised when referring to a specific section - e.g., Section 4 of the Gambling Act.
Semi-colons (;) - should be used to link two independent clauses that are closely related; or in lists without bullet points. (Do not overuse - often a full stop and new sentence will be better.)
Sports betting NOT sportsbetting
Sports team names
Storey (pl. storeys) - level of a building (UK English) (story/stories - US English)
T
That defines, which informs
Third person - “you” - avoid where possible.
Titles - all important words should begin with a capital (i.e. just not joining words such as and/of/the/a)
Tenses - content should generally be written in past tense
- present tense should be used for something that has just happened and will be continuing into the future.
U
United States abbreviated to U.S. (Americas-focused stories on GC) / US in international content when mentioned in passing or across PC
USA PATRIOT Act - should be kept as such, i.e. with caps, as it’s an acronym for “Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act”)
U.S. Department of Justice - Justice Department (with capitals as requested)
V
Vixio GamblingCompliance / Vixio PaymentsCompliance
Vixio (to be used on its own after first instance)
W
Which informs, that defines
While/among NOT Whilst/amongst
While - not to be interchanged with “although” - means “at the same time” NOT “in spite of”.
X
Y
Year quarters - Q1, Q2, H1, H2, etc.
Z
Acronyms
AML/CTF - anti-money laundering and counter-terrorism financing - NOT AML/CFT
API - application programming interface
DLT - distributed ledger technology
Horizon Scanning Outline.
Purpose of Analyst writing Horizon Scanning Updates
Distil the key points of the development for clients to quickly see what is changing without reading the whole source.
Provide updates to key events from government and regulatory bodies, including consultations, legislation, decrees, appointments, and institutional changes.
Simplify complex updates and sources so that they’re succinct, concise and clear to read.
Consistently structure and write updates in the same format.
Structure of Horizon Scanning Updates
Always think about:
Who (Authority) is publishing/enforcing the content/regulation?
Where (Jurisdiction)?
What type of document or announcement is it (e.g., consultation, regulation, decree, appointment, institutional change)? What is changing/being informed?
Who is this update applicable to (credit, e-money institutions, etc.)?
Why is this update noteworthy? What is its significance?
When is the update applicable?
Title
Describe what the update is about.
Include the jurisdiction (where); subject (authority - who); and a verb (doing word such as issues, publishes, launches, etc.- what).
All titles should be written in present tense.
Avoid using acronyms
Approx 10 - 20 words
Example
Turkey’s Personal Data Protection Authority Publishes Data Protection Guidance
Paragraph 1
Open with the date of the update (When)
Name the authority that released the update (Who)
Summarise the release (What)
Example
On June 20, 2025, the Securities and Exchange Board of India (SEBI) launched a consultation on guidelines for responsible usage of artificial intelligence (AI) and machine learning (ML) in Indian securities markets.
Paragraph 2
Summarise key points.
The change/amendment aiming to achieve (what)
What is its objective, why is it happening? Why is it significant? (why)
Who does it impact or concern? (Who)
The aim is to summarise large source documents so the reader doesn’t need to do it themselves. DO NOT just copy the first few sentences of the document.
Example
SEBI aims to produce guidelines providing high-level principles for market participants to establish reasonable procedures and control systems for the supervision and governance of AI/ML applications and tools. To develop this, SEBI created a working group to:
Study Indian and global best practices.
Prepare the guidelines.
Address the concerns and issues arising from AI/ML usage.
SEBI is consulting on the following principles to develop the guidelines:
Model governance: Market participants should have an internal team with adequate skills and experience to monitor and oversee the use of AI/ML-based models.
Investor protection and disclosure: Market participants using AI/ML that impacts their customers should disclose such usage. Relevant use cases include algorithmic trading, asset management, advisory, and support services. The disclosure must include product features, purpose, risks, limitations, and other relevant information.
Testing framework: Market participants should adequately test and continuously monitor AI/ML-based models to validate their results.
Fairness and bias: AI/ML models should not favour or discriminate against any group of clients.
Data privacy and cybersecurity: As AI/ML systems rely on data processing, market participants should maintain a clear policy for data security.
Paragraph 3
Acts as a “Call To Action”. Provide forward looking context:
What actions need to be taken?
Who needs to take action?
Next steps to the development.
Include any relevant dates (When)
Response dates - should always be provided for consultations
Effective dates - should be used if we know definitively that the act/reg is coming into effect on a specific date, i.e., it has been passed/adopted.
Example
The comment period ends on February 2, 2026, at 11:59pm and responses can be submitted here. The comment response is expected to be published in April 2026.
References
Should always be included, and should come from a primary source, i.e., an authority, not a news source.
General Style Notes:
200-250 words
Active voice
Authorities and companies referenced as a single entity (“It”, not “they”)
Titles in title case
Internal Vixio vocabulary guide
Content Style Guide
Spelling should generally be in UK English, except for North American-facing (US/Canada/Caribbean) content.
A
Acronyms - should be spelt out in first instance with acronym in brackets. For example, Financial Conduct Authority (FCA).
Act - when just referring to “the act”, it does not need a capital a.
Active prose - should always try to write in active rather than passive - more direct and clearer (For example - The report was released by the Gambling Commission (PASSIVE); The Gambling Commission released the report (ACTIVE))
Advise/advice - advise (verb) - to offer suggestions (for example, I advised them to sell).
- advice (noun) - give formal suggestions (for example, I gave them advice).
Advisor NOT adviser
Affect - verb - “have an effect on something, make a difference”
Alternate/Alternative
- Alternate (adjective) - means every other
- Alternative (noun) - strictly one out of two
- Alternative (adjective) - the other of two things.
Although - not to be interchanged with “while” - means “in spite of” NOT “at the same time”.
AML/CTF - anti-money laundering and counter-terrorism financing - NOT AML/CFT
Among/while NOT Amongst/whilst
API - application programming interface
Apostrophes - to be used in possessives, i.e. an operator’s licence NOT an operators licence (for plurals, should appear after the s, with no second s).
Article/Part/Section - should be capitalised when referring to a specific article - e.g., Article 4 of the Gambling Act.
Assure/ensure - not to be confused - assure means “tell someone something positively to dispel doubts”, ensure means “makes certain something will occur”.
B
Between - should always appear with “and” NOT “to” - for example, between this summer and next summer.
Big tech - two words, breaks convention of other tech words
Bills - U.S. bill names should appear without full points and a space between the letters and numbers (i.e. SB 522 NOT SB522 or S.B. 522).
Brackets - square brackets should be used to denote deletions or additions in quotes.
Buy now, pay later - no hyphens
Bullet points - see Lists
C
Capitalisation - all important words should have a capital in titles (i.e. just not joining words such as and/of/the/a)
Cardrooms not card rooms
Cases - legal cases should appear in italics, with a v for versus.
Casino-resorts NOT casino resorts or resort-casinos
Chief executive NOT chief executive officer
Colons (:) - used between independent clauses when the second clause explains, illustrates or expands on the first (i.e. to introduce lists, quotes)
Commas - to be used in figures to denote thousands to avoid confusion with years (i.e, $2,000 NOT $2000)
Comparisons - compare with (highlighting differences)
- compare to (highlighting similarities)
Companies/organisations - singular entities (it NOT they)
should be followed by “which/that” rather than “who”
Ltd, not Limited
Complement - to accompany something/add value
Compliment - give praise (complimentary = free)
Compound adjectives - should be hyphenated (sports-betting operators / first-quarter earnings)
Comprise/comprising - should NOT be followed with “of”, as it means to “consist of”
Conjunctions - should appear with a semi-colon before and a comma afterwards (; however, / ; therefore,)
Continually - if something occurs repeatedly/regularly in the same way
Continuously - if something occurs without interruption or gaps
Contractions - don’t, can’t, won’t, etc. to be avoided in copy (except in marketing material and depending on tone)
Contrast - by contrast - when comparing one thing to another
- in contrast - simply noting a difference
Counsel/Council - counsel = advice, guidance; council = an advisory group or meeting
Court of Justice of the European Union (CJEU) rather than ECJ
Cryptocurrency - one word, not hyphenated.
Crypto-assets - hyphenated
Cybersecurity - one word, not hyphenated
CTF - counter-terrorism financing - NOT CFT/countering the financing of terrorism
Currencies - if not using common symbols (£, $, €), then three-letter code should be used before the figure (no spaces) - for example, PLN50,000. Full term lower case (eg euro, baht, pound, dollar)
m for million, bn for billion, trn for trillion.
D
Date format - Month, Day, Year (e.g., March 7, 2019)
For Insights & Analysis summary text: can just say “today”, e.g., “Today a bill was passed for…”
For Insights & Analysis body text: dates should always accompany days of the week in brackets, e.g., “On Wednesday (June 8) a bill was passed...”
For NIBs: always use dates rather than days.
Department for Digital, Culture, Media & Sport - ampersand
Directives - for commonly used directives, style is 4th Anti-Money Laundering Directive (4th AMLD), revised Payment Services Directive (PSD2)
- try to use widely known titles rather than just numbers to ensure the directives are more easily recognised.
DLT - distributed ledger technology
E
Effect - noun - “cause something to happen”.
Em dash (—) - should be used as a conjunction, not a hyphen or en dash (–).
Ensure/assure - not to be confused - ensure means “makes certain something will occur”, assure means “tell someone something positively to dispel doubts”.
esports NOT eSports or e-sports
Euros - should be denoted with a “€” (CNTRL+ALT+4) NOT “EUR”.
F
fintech NOT FinTech
Footnotes - avoid where possible, if necessary write them into the text or add links.
G
GGR - “gross gaming revenues”
Government - does not need a capital g.
Governor - should be written out in full, NOT Gov.
Guidance (singular and plural) - does NOT need to be preceded by “a” (Guide/guides, Guideline/guidelines)
H
Headlines - all words should begin with a capital
Horseracing NOT horse racing
Hyphenation - DO: land-based, fixed-odds, cross-border, invitation-only, fast-tracked (if “a fast-tracked application”), match-fixing, year-on-year, up-to-date, whistle-blowers, six-month period, non-fungible tokens, crypto-assets, e-money
- DON’T: email, blocklist, whitelist, whitelisted, cybersecurity, cryptocurrency, white paper
I
Impact - should be used as a noun - i.e. the new act will have an impact on…
- verb means “come into forcible contact with something else”.
- using “affect” as a verb is more accurate.
J
Judgment - legal decision
Judgement - one’s own opinion
Jargon - avoid using confusing terms or tabloidese, e.g. use players rather than punters.
Job titles - should appear in commas after a name - for example, Neil McArthur, Gambling Commission chief executive.
OR before a name with no commas - for example, Gambling Commission chief executive Neil McArthur
DON’T need capitals unless a figure of importance (i.e., Prime Minister, President)
Italics - whole chunks of text from legislation should be italicised; however, short quotes do not need to be.
Justice Department - U.S. Department of Justice - to appear with caps (as requested by US team).
K
KYC - know your customer
L
Legislature - does not need a capital l.
Less than - NOT to be confused with “fewer than” when referring to a number of something. i.e. fewer than 100 gambling tables.
Licence - noun (UK), i.e. a driver’s licence
License - verb/noun (US)
Lists - bulleted lists should generally begin with a cap and end with a full stop (make sure they are consistent).
M
MONEYVAL NOT Moneyval
More than - to be used instead of “over”. i.e., more than 20 players rather than over 20 players.
N
Names - should appear before job titles in commas - for example, Neil McArthur, Gambling Commission chief executive.
Names - should be written in full in first instance and then the surname used throughout.
Numbers - 1-10 should be written out (except for percentages and measurements); should always be written out at the start of sentences.
Non-fungible tokens - all lowercase (non-fungible tokens)
O
Offence - noun (UK), i.e. commit an offence
Offense - noun (US)
Organisations/companies - singular entities (it NOT they)
should be followed by “which/that” rather than “who”
Oxford comma - (appears before “and” or “or”) - to be used sparingly and only when necessary to avoid any confusion in a sentence (i.e., where more than one “and/or” appears).
Over - should not be used as a replacement for “more than”.
P
Parliament - does not need a capital p.
Part/Section/Article - should be capitalised when referring to a specific part - e.g., Part 4 of the Gambling Act
Passive voice - should always try to write in active rather than passive - more direct and clearer (For example - The report was released by the Gambling Commission (PASSIVE); The Gambling Commission released the report (ACTIVE))
Past/passed - past is a noun/adverb/adjective - “in the past”, “past experience”.
- passed is the past tense of “to pass” - “the law was passed in government”.
Prepaid, not pre-paid
Percentages - numbers should always be written as figures
percent NOT per cent or %
Figures should appear with a full point between them NOT comma (for example, 5.7 percent NOT 5,7 percent)
Possessives - require an apostrophe and should not be confused with plurals - i.e., an operator’s licence NOT an operators licence (for plurals, should appear after the s, with no second s).
Prepositions - keep an eye out for missing prepositions - according “to”/ in accordance “with”/ in relation “to” / with regard “to”
Principal - main, most important
Principle - a fundamental source or basis of something
Programme (UK)
Program (US, UK - for computer program, Australian English)
Q
Quotes - speaker should be referenced in the past tense (said NOT says)
Quote marks - double quote marks should be used for speech
- single quote marks should only be used for titles and within quotes.
(See Quote reference sheet for more information on how to use quotes.)
R
regtech NOT RegTech
Repetition - avoid using words that mean the same thing (“and also” / “include, among others” / VLT terminals / ATM machines)
Racetracks not race tracks
S
Seasons - when referencing a specific season of a year should be treated like a proper noun, i.e. should include a capital - Winter 2018.
Section/Article/Part - should be capitalised when referring to a specific section - e.g., Section 4 of the Gambling Act.
Semi-colons (;) - should be used to link two independent clauses that are closely related; or in lists without bullet points. (Do not overuse - often a full stop and new sentence will be better.)
Sports betting NOT sportsbetting
Sports team names
Storey (pl. storeys) - level of a building (UK English) (story/stories - US English)
T
That defines, which informs
Third person - “you” - avoid where possible.
Titles - all important words should begin with a capital (i.e. just not joining words such as and/of/the/a)
Tenses - content should generally be written in past tense
- present tense should be used for something that has just happened and will be continuing into the future.
U
United States abbreviated to U.S. (Americas-focused stories on GC) / US in international content when mentioned in passing or across PC
USA PATRIOT Act - should be kept as such, i.e. with caps, as it’s an acronym for “Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act”)
U.S. Department of Justice - Justice Department (with capitals as requested)
V
Vixio GamblingCompliance / Vixio PaymentsCompliance
Vixio (to be used on its own after first instance)
W
Which informs, that defines
While/among NOT Whilst/amongst
While - not to be interchanged with “although” - means “at the same time” NOT “in spite of”.
X
Y
Year quarters - Q1, Q2, H1, H2, etc.
Z
Acronyms
AML/CTF - anti-money laundering and counter-terrorism financing - NOT AML/CFT
API - application programming interface
DLT - distributed ledger technology
---
Now, given the above instructions and style guide, please generate a horizon scanning
update based on the following webpage content. Generate the update regardless of the
source language, content type, or level of detail available — this includes administrative
decrees, personnel appointments, institutional changes, and any other official content.
Use whatever information is present.
Peraturan Anggota Dewan Gubernur Nomor 3 Tahun 2026 tentang Perubahan Ketiga atas Peraturan Anggota Dewan Gubernur Nomor 17 Tahun 2023 Tentang Penyelenggaraan Bank Indonesia-Fast Payment Turn on more accessible mode Turn off more accessible mode Skip Ribbon Commands Skip to main content Turn off Animations Turn on Animations Follow Bank Indonesia Currently selected PADG_032026 Recent Currently selected Peraturan Sumber Data Departemen Komunikasi 3/2/2026 10:00 PM Hits: 61 Judul Peraturan Anggota Dewan Gubernur Nomor 3 Tahun 2026 tentang Perubahan Ketiga atas Peraturan Anggota Dewan Gubernur Nomor 17 Tahun 2023 Tentang Penyelenggaraan Bank Indonesia-Fast Payment Peraturan Anggota Dewan Gubernur Sistem Pembayaran dan Pengelolaan uang Rupiah Berlaku Page Image Page Content RINGKASAN PERATURAN ANGGOTA DEWAN GUBERNUR Peraturan : Peraturan Anggota Dewan Gubernur Nomor 3 Tahun 2026 tentang Perubahan Ketiga atas Peraturan Anggota Dewan Gubernur Nomor 17 Tahun 2023 Tentang Penyelenggaraan Bank Indonesia- Fast Payment Berlaku : 31 Maret 2026 Ringkasan: Bank Indonesia telah merumuskan Blueprint Sistem Pembayaran Indonesia 2030 (BSPI 2030). Salah satu fokus utama yang dibangun dalam BSPI 2030 bertujuan untuk mendukung integrasi ekonomi keuangan digital dalam struktur industri sistem pembayaran yang konsolidatif dan berdaya tahan. Bank Indonesia telah menerbitkan Peraturan Bank Indonesia Nomor 10 Tahun 2025 tentang Pengaturan Industri Sistem Pembayaran (PBI PISP) dalam rangka memperkuat struktur industri sistem pembayaran melalui peningkatan kemampuan industri dan infrastruktur sistem pembayaran dalam pengelolaan risiko. Dalam rangka penyelarasan PBI PISP dengan pengaturan penyelenggaraan Bank Indonesia- Fast Payment (BI-FAST) maka diperlukan penyesuaian peraturan pelaksanaan penyelenggaraan BI-FAST yang mengatur mengenai kepesertaan, kerjasama dengan penyelenggara penunjang, operasional layanan yang mendukung penyelesaian transaksi, dan penguatan keamanan. Substansi Pengaturan: Substansi pengaturan dalam PADG ini meliputi: Penambahan dan penyesuaian definisi Bank Umum, Lembaga Selain Bank (LSB), Penyelenggara Jasa Sistem Pembayaran (PSP), Penyedia Jasa Pembayaran (PJP), Penyelenggara Infrastruktur Sistem Pembayaran (PIP), Penyelenggara Penunjang, Transaksi, Interkoneksi, Kompetensi, Manajemen Risiko, dan Infrastruktur Teknologi Informasi (TIKMI), Rencana Bisnis Sistem Pembayaran (RBSP), Layanan Financial Institution Credit Transfer (FICT), Financial Institution Credit Transfer Request (FICTR). Tugas dan wewenang Penyelenggara dalam penyelenggaraan BI-FAST: menetapkan ketentuan dan prosedur penyelenggaraan BI-FAST; menyediakan sarana dan prasarana penyelenggaraan BI-FAST; melaksanakan kegiatan operasional BI-FAST; melakukan upaya untuk menjamin keandalan, ketersediaan, dan keamanan penyelenggaraan BI-FAST; melakukan pemantauan kepatuhan Peserta terhadap ketentuan terkait penyelenggaraan BI-FAST; menetapkan kebijakan akses kepesertaan, batas nominal transaksi, layanan dan fitur, waktu operasional, likuiditas, serta skema harga ( pricing ); mengenakan sanksi administratif kepada Peserta; melakukan penyelenggaraan BI-FAST dalam keadaan normal, keadaan tidak normal, keadaan darurat dan/atau keadaan lain yang ditetapkan oleh Bank Indonesia; dan kewenangan lain dalam penyelenggaraan BI-FAST Pihak yang menjadi Peserta BI-FAST, yaitu: Bank Indonesia; PSP (terdiri dari PJP, PIP, dan Bank Umum); dan/atau pihak lain yang disetujui atau ditetapkan oleh Penyelenggara Peserta berupa PIP ditetapkan sebagai Peserta Langsung (PL) dan hanya dapat mengikuti layanan FICT. Persyaratan calon Peserta BI-FAST: Persyaratan umum menjadi nasabah Bank Indonesia dan berstatus aktif; tidak sedang dalam proses likuidasi atau kepailitan; memiliki kinerja keuangan yang baik dalam 2 (dua) tahun terakhir; menyediakan infrastruktur atau model koneksi dalam penyelenggaraan BI-FAST sesuai dengan spesifikasi teknis yang telah ditetapkan oleh Penyelenggara sebagaimana Lampiran I; memenuhi persyaratan teknis minimum infrastruktur teknologi informasi BI-FAST yang telah ditetapkan oleh Penyelenggara sebagaimana Lampiran IA; memiliki sistem informasi yang andal; dan menyampaikan surat pernyataan untuk mengikuti ketentuan kepesertaan yang berlaku sebagaimana diatur dalam ketentuan Bank Indonesia mengenai pengaturan industri sistem pembayaran. Calon Peserta berupa Bank Umum harus memenuhi persyaratan memiliki kredibilitas yang baik dan rekam jejak yang baik, yang ditunjukkan dengan penunjukan dari lembaga terkait atau persetujuan dari lembaga pengawas yang berwenang. Calon Peserta berupa PJP LSB harus memenuhi persyaratan: merupakan PJP yang melakukan aktivitas penataausahaan sumber dana berupa penatausahaan akun untuk pembayaran ( payment account ) sesuai dengan ketentuan Bank Indonesia mengenai pengaturan industri sistem pembayaran; memiliki rencana bisnis strategis ( strategic business plan ) pengembangan BI-FAST; memiliki modal disetor paling sedikit Rp100.000.000.000,00 (seratus miliar rupiah); dan pimpinan calon Peserta harus memenuhi persyaratan memiliki kredibilitas yang baik dan rekam jejak yang baik, yang ditunjukkan dengan tidak tercantum dalam daftar kredit macet dan daftar hitam nasional yang diterbitkan oleh lembaga yang berwenang. calon Peserta berupa PIP harus memenuhi persyaratan: mendukung penyelesaian transaksi pembayaran; mendukung efektivitas arah kebijakan Bank Indonesia dalam kelancaran sistem pembayaran nasional serta transaksi dan interkoneksi pada ekonomi digital; dan pimpinan calon Peserta harus memenuhi persyaratan memiliki kredibilitas yang baik dan rekam jejak yang baik, yang ditunjukkan dengan tidak tercantum dalam daftar kredit macet dan daftar hitam nasional yang diterbitkan oleh lembaga yang berwenang. Calon Peserta yang ditetapkan sebagai PL harus memenuhi persyaratan khusus: merupakan peserta Sistem BI-RTGS calon Peserta berupa Bank Umum harus memenuhi persyaratan: memiliki kapabilitas keuangan yang kuat berupa: kepemilikan modal inti lebih dari Rp6.000.000.000.000,00 (enam triliun rupiah); dan memiliki likuiditas yang memadai untuk memproses transaksi pada layanan BI-FAST; dan mendukung efektivitas arah kebijakan Bank Indonesia dalam penyelesaian transaksi pembayaran serta mempertimbangkan transaksi dan interkoneksi pada ekonomi digital. Penyelenggara dapat melakukan pemeriksaan lapangan ( on site visit ) terhadap calon Peserta dalam memberikan persetujuan atau penolakan atas permohonan kepesertaan BI-FAST dan perubahan data kepesertaan BI-FAST. Kewajiban Peserta: m enjaga kelancaran dan keamanan dalam penggunaan BI-FAST; bertanggung jawab atas kebenaran seluruh data, perintah transaksi, dan seluruh informasi yang dikirim Peserta kepada Penyelenggara melalui BI-FAST; melaksanakan perjanjian dengan Penyelenggara; melaksanakan kegiatan operasional BI-FAST sesuai perjanjian dan ketentuan Bank Indonesia terkait lainnya; mematuhi biaya yang ditetapkan dan menginformasikan biaya transaksi kepada nasabah secara transparan; menyampaikan data dan informasi terkait penyelenggaraan BI-FAST kepada Bank Indonesia; mematuhi ketentuan yang dikeluarkan oleh SRO; mematuhi ketentuan terkait operasional penyelenggaraan BI-FAST; dan mematuhi kewajiban lain. Selain kewajiban huruf a sampai dengan huruf i, Peserta wajib memastikan pemenuhan TIKMI sesuai dengan ketentuan Bank Indonesia mengenai pengaturan industri sistem pembayaran. Perubahan data kepesertaan berupa perubahan keikutsertaan dalam layanan BI-FAST dan perubahan penggunaan perangkat teknologi informasi (Peserta yang menggunakan infrastruktur yang dikelola Penyelenggara Penunjang) harus disetujui oleh Bank Indonesia, bagi Peserta berupa PSP. Perubahan status kepesertaan dilakukan oleh Penyelenggara berdasarkan: pertimbangan lain dari Penyelenggara guna menjaga kelancaran sistem pembayaran; pengenaan sanksi administratif oleh Penyelenggara; permintaan tertulis dari lembaga pengawas yang berwenang terhadap kegiatan Peserta; permintaan tertulis dari Peserta untuk mengubah status dari status aktif menjadi ditutup; dan/atau penerapan kebijakan kepesertaan infrastruktur sistem pembayaran yang diselenggarakan oleh Bank Indonesia. Penyelenggara Penunjang Penggunaan infrastruktur yang dikelola oleh Penyelenggara Penunjang harus disetujui oleh Bank Indonesia, bagi Peserta berupa PSP Peserta menggunakan infrastruktur BI-FAST yang dikelola oleh Penyelenggara Penunjang, sebelum melakukan kerja sama, Peserta wajib melakukan uji tuntas terhadap calon Penyelenggara Penunjang. Uji tuntas terhadap Penyelenggara Penunjang meliputi aspek: legalitas dan profil calon Penyelenggara Penunjang; kinerja calon Penyelenggara Penunjang; kapabilitas manajemen risiko serta serta keamanan dan keandalan infrastruktur teknologi informasi; sifat, skala, kompleksitas kerja sama, dan dependensi layanan; muatan perjanjian kerja sama; dan kepatuhan terhadap ketentuan peraturan perundang-undangan. Pengaturan minimum muatan perjanjian kerja sama dengan Penyelenggara Penunjang Kewajiban Peserta dalam melakukan kerja sama dengan Penyelenggara Penunjang yang mengelola infrastruktur BI-FAST Peserta: bertanggung jawab penuh atas manajemen risiko dari Penyelenggara Penunjang khususnya terkait dengan potensi dampak pada keberlangsungan layanan sistem pembayaran; memastikan internalisasi manajemen risiko Penyelenggara Penunjang dalam penilaian manajemen risiko Peserta; memastikan kendali pemrosesan transaksi pembayaran tetap berada pada Peserta; melakukan monitoring dan evaluasi secara berkala terhadap Penyelenggara Penunjang dan pelaksanaan kerja sama; melakukan edukasi dan pembinaan terhadap Penyelenggara Penunjang; dan mematuhi pemenuhan ketentuan peraturan perundang-undangan. Peserta wajib menghentikan atau tidak memperpanjang kerja sama dengan Penyelenggara Penunjang yang mengelola infrastruktur BI-FAST Peserta dalam hal: Penyelenggara Penunjang melakukan tindakan yang merugikan, tindakan yang berpotensi merugikan, dan/atau tindakan yang tidak sesuai peruntukan dalam pemrosesan transaksi pembayaran; kerja sama melanggar ketentuan peraturan perundang-undangan; dan/atau terdapat permintaan menghentikan atau tidak memperpanjang kerja sama dari Bank Indonesia. Layanan FICT: Layanan FICT yaitu layanan dalam BI-FAST untuk memproses pemindahan dana dari 1 (satu) Peserta pengirim kepada 1 (satu) Peserta penerima. Layanan FICT hanya digunakan untuk penyelesaian akhir atas transaksi yang diproses oleh Peserta berupa PIP. Operasional Layanan FICT Terdapat lampiran PADG yang disesuaikan meliputi: Lampiran Topik IA Persyaratan Teknis Minimum Proteksi Infrastruktur Teknologi Informasi BI-FAST II Tata Cara Pengajuan Permohonan Kepesertaan dan Dokumen Pendukung VI Tata Cara Perubahan Data Kepesertaan dan Dokumen Pendukung VII Tata Cara Perubahan Status Kepesertaan dan Dokumen Pendukung IX Standar Operasional Layanan BI-FAST XIA Tata Cara Penanganan Insiden Siber Lampiran Attachments Lampiran 1 PADG Nomor 3 Tahun 2026.pdf Lampiran 2 Tanya Jawab PADG Nomor 3 Tahun 2026.pdf Lampiran 3 Lampiran PADG Nomor 3 Tahun 2026.zip Lampiran 4 Format Dokumen PADG Nomor 3 Tahun 2026.zip Lampiran 5 Lampiran 6 Lampiran 7 Lampiran 8 Lampiran 9 Lampiran 10 Kontak Contact Kontak Contact Center Bank Indonesia Bicara: (62 21) 131 e-mail : bicara@bi.go.id Jam operasional Senin s.d. Jumat Pkl. 08.00 s.d 16.00 WIB Halaman ini terakhir diperbarui 3/11/2026 1:17 PM Apakah halaman ini bermanfaat? Terima Kasih! 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