The Financial Service Authority (
Otoritas Jasa Keuangan – “
OJK”) has issued Circular
No. 1/SEOJK.05/2018 on the Form and Structure of Periodic Reports for Insurance and Reinsurance Companies (“
Circular 1/2018”).
Circular 1/2018 sets out an official list of periodic reports that must be submitted by conventional and sharia-insurance/reinsurance companies (“Companies”) and also simplifies provisions which address reporting obligations, which were formerly addressed under several regulations (collectively referred to as “Previous Circulars”), including:
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