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Senin, Januari 8, 2024 | Issue Number : 4791

OJK Issues Guidelines for Self-Assessments of Bank Digital Maturity Levels

ID Indonesian translation

In October 2022, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) issued Regulation No. 11/POJK.03/2022 of 2022 (“Regulation 11/2022”) on the Organization of Information Technology (“IT”) for Commercial Banks (“Banks”) in order to accommodate the utilization of IT-based banking operations.[1] Among other provisions, Regulation 11/2022 obliges Banks to conduct self-assessments of their digital maturity levels (“Assessments”).[2]

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In October 2022, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) issued Regulation No. 11/POJK.03/2022 of 2022 (“Regulation 11/2022”) on the Organization of Information Technology (“IT”) for Commercial Banks (“Banks”) in order to accommodate the utilization of IT-based banking operations.[1] Among other provisions, Regulation 11/2022 obliges Banks to conduct self-assessments of their digital maturity levels (“Assessments”).[2]

......

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