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Kamis, Desember 17, 2020 | Issue Number : 4026

OJK Updates Establishment and Ownership Provisions for Financing Companies

ID Indonesian translation

In an attempt to boost the development and competitiveness of conventional and sharia financing companies, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has now issued Regulation No. 47/POJK.05/2020 (“Regulation 47/2020”), which updates provisions relating to the establishment of and business licensing for financing companies and sharia financing companies (collectively referred to as “Companies”), as previously addressed under the following frameworks:[1]

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In an attempt to boost the development and competitiveness of conventional and sharia financing companies, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has now issued Regulation No. 47/POJK.05/2020 (“Regulation 47/2020”), which updates provisions relating to the establishment of and business licensing for financing companies and sharia financing companies (collectively referred to as “Companies”), as previously addressed under the following frameworks:[1]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

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University Solutions

Pro

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Lihat Detail

Pro AI

Terfavorit

Rp 8.200.000 /bulan

Lihat Detail

Pro Compliance

New

Rp 12.500.000 /bulan

Lihat Detail

*Syarat dan ketentuan berlaku

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