OJK Expands Disclosure Regime: Semi-Annual Reports on Risk, Capital and Performance Set to Become Mandatory

In order to put an implementing framework in place that addresses various legal provisions on transparency and the publication of bank reports, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) is currently completing work on a new Draft Circular (“Draft Circular”) on Transparency and the Publication of Reports by Conventional Commercial Banks (“Banks”).[1] Once this Draft Circular comes into effect, Banks will be required to publish their first financial disclosure reports and monthly financial performance information for the October 2026 reporting period.[2]