| Issue Number : 5417

Financing Companies Face Tightened Buy-Now-Pay-Later Requirements: Mandatory Debtor Age and Income Checks Effective by July 2026

The Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has issued Regulation of the Board of Commissioners No. 2 of 2026 (“Regulation 2/2026”) on the Organization of Buy-Now-Pay-Later (“BNPL”)[1] Services by Financing Companies and Sharia Financing Companies (collectively referred to as “Companies”). Regulation 2/2026 will now serve as an implementing framework to Regulation of the OJK No. 32 of 2025 (“Regulation 32/2025”) and will govern the overall organization of BNPL services.[2]

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The Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has issued Regulation of the Board of Commissioners No. 2 of 2026 (“Regulation 2/2026”) on the Organization of Buy-Now-Pay-Later (“BNPL”)[1] Services by Financing Companies and Sharia Financing Companies (collectively referred to as “Companies”). Regulation 2/2026 will now serve as an implementing framework to Regulation of the OJK No. 32 of 2025 (“Regulation 32/2025”) and will govern the overall organization of BNPL services.[2]

......

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Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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