Attention P2P Lending Service Organizers: Rp. 12.5 Billion Equity Requirement Deadline Set for July 2025!

In 2022, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) introduced Regulation No. 10/POJK/05/2022 (“Regulation 10/2022”) on Information Technology-Based Joint Funding Services (Layanan Pendanaan bersama Berbasis Teknologi Informasi – “P2P Lending”). Regulation 10/2022 addressed a wide range of areas that specifically relate to the organization of P2P Lending services in Indonesia, while it should be noted that Hukumonline’s Legal Research and Analysis Team previously analyzed the various provisions that feature under Regulation 10/2022 in the following edition of Indonesian Legal Brief (“ILB”): “OJK Updates Main Regulatory Framework for P2P Lending Services.”