In order to initiate a reassessment of the main parties of financial services institutions, the Financial Services Authority has issued the Regulation No. 34/POJK.03/2018 on the Reassessment of the Primary Parties of Financial Services Institutions.
On 14 December 2018, the Financial Service Authority officially published Draft Regulation of the OJK on Material Transactions and the Alteration of Business Activities in order to solicit public responses, which may be submitted up until 15 March 2019.
With the ultimate goal of achieving more egalitarian economic growth through the expansion of community business credit coverage, the Coordinating Minister for Economic Affairs has issued Regulation No. 8 of 2018, which amends Regulation of the Coordinating Minister for Economic Affairs as the Committee Chairman for Financing Policies for Micro-, Small- and Medium-Scale Enterprises No. 11 of 2017 on Implementation Guidelines for Community Businesses Credit.
As mandated under Regulation of the Financial Services Authority No. 18/POJK.07/2018 on Consumer Complaint Services within the Financial Services Sector, the OJK has finally issued Circular No. 17/SEOJK.07/2018 on Guidelines for Consumer Complaint Services within the Financial Services Sector.
The Financial Services Authority has issued Regulation No. 16/POJK.03/20 which amends Regulation No. 44/POJK.03/2017 on Restrictions on the Granting of Credit or Financing by Commercial Banks for Land Procurement and/or Land Tillage.
The Financial Services Authority has issued Circular No. 11/SEOJK.03/2018, which amends Circular No. 42/SEOJK.03/2016 on the Calculation of Risk-Weighted Assets for Credit Risk Using the Standard Approach.
The Minister of Public Works and Public Housing recently issued Regulation of the Minister No. 12/PRT/M/2018, which amends Regulation of the Minister No. 18/PRT/M/2017 on Savings-Based Housing Financing Facilities.
The Financial Services Authority has issued Regulation No. 3/POJK.04/2018 on the Amendment to Regulation of the OJK No. 18/POJK.04/2015 on the Issuance of and Requirements for Sukuk in order to accommodate the implementation of gradual public offerings of sharia bonds (sukuk) and deductions of sharia duty (zakat).
The Financial Services Authority recently issued Circular No. 7/SEOJK.05/2018 on the Financial Soundness Levels of Venture-Capital Companies, as mandated by OJK Regulation No. 35/POJK.05/2015 on the Organization of Venture-Capital Businesses.
As one of the measures which is being aimed at the prevention of money-laundering and terrorism-financing activity, the Financial Transaction Reports and Analysis Centre (PPATK) has issued Regulation No. 18 of 2017 on the Implementation of the Temporary Suspension and Postponement of Transactions by Financial Service Providers.