Regulatory AlertsOJK Regulation No. 34 of 2025 on Information Technology Management by Rural Banks and Sharia Rural Banks
The Financial Services Authority (OJK) issued Regulation No. 34 of 2025 to replace previous IT standards for Rural Banks (BPR) and Sharia Rural Banks (BPRS), mandating enhanced governance, risk management, and cyber resilience. The regulation requires these institutions to implement robust IT architectures, ensure data privacy and security, and maintain disaster recovery capabilities, including the placement of data centers within Indonesia. Compliance is mandatory for all BPRs and BPRSs, with the new rules taking effect one year after promulgation and repealing the prior Regulation No. 75 of 2016.
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