| Issue Number : 5379

Strengthening LKM Governance: OJK Rolls out 2028 Business Plan and Realization Report Framework for Large- and Medium-Scale LKM

In 2024, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) issued Regulation No. 41 of 2024 (“Regulation 41/2024”) on Microfinance Institutions (Lembaga Keuangan Mikro – “LKM”), which requires LKM to draw up business plans as part of efforts aimed at strengthening governance and business sustainability.[1] In order to fulfill this mandate, the OJK’s board of commissioners is currently completing work on a new Draft Regulation (“Draft Regulation”) on LKM business plans.[2] 

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In 2024, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) issued Regulation No. 41 of 2024 (“Regulation 41/2024”) on Microfinance Institutions (Lembaga Keuangan Mikro – “LKM”), which requires LKM to draw up business plans as part of efforts aimed at strengthening governance and business sustainability.[1] In order to fulfill this mandate, the OJK’s board of commissioners is currently completing work on a new Draft Regulation (“Draft Regulation”) on LKM business plans.[2] 

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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