Regulatory AlertsImplementation of Corporate Governance and Risk Management for Financial Sector Technology Innovation Providers
The Financial Services Authority (OJK) issued Regulation No. 30 of 2025 to mandate the implementation of corporate governance and risk management frameworks for Financial Sector Technology Innovation (ITSK) providers. This regulation aims to build trust and competitiveness within the ITSK ecosystem by ensuring adequate, effective, and measurable risk management practices. It officially takes effect on July 1, 2026, and simultaneously repeals specific governance and risk provisions from previous regulations regarding alternative credit rating agencies and financial service aggregators.
Regulation / Regulation Search / Implementation of Corporate Governance and Risk Management for Financial Sector Technology Innovation Providers
Sector: ITSK
Sub-Sector: ITSK Providers; Other Regulations
Type of Regulation: OJK Regulation
Regulation Number: 30 of 2025
Effective Date: 7/1/2026
Appendix 1 POJK 30 of 2025 Implementation of Corporate Governance and Risk Management for Financial Sector Technology Innovation Providers.pdf Abstract of POJK 30 of 2025 Implementation of Corporate Governance and Risk Management for Financial Sector Technology Innovation Providers.pdf FAQ of POJK 30 of 2025 Implementation of Corporate Governance and Risk Management for Financial Sector Technology Innovation Providers.pdf
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Financial Services Authority Regulation Number 30 of 2025 concerning the Implementation of Corporate Governance and Risk Management for Financial Sector Technology Innovation Providers
Abstract: Article 269 and Article 270 paragraph (3) of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector mandate the formulation of a Financial Services Authority Regulation concerning the Implementation of Corporate Governance and Risk Management for Financial Sector Technology Innovation Providers. The implementation of good corporate governance is necessary to build trust and competitiveness within the ITSK ecosystem. Furthermore, the operation of ITSK must be accompanied by the implementation of adequate, effective, and measurable risk management.
The legal basis for this Financial Services Authority Regulation is: Law No. 21 of 2011 as amended by Law No. 4 of 2023; and Law No. 4 of 2023.
This Financial Services Authority Regulation regulates provisions regarding the implementation of corporate governance and risk management for providers of financial sector technology innovation.
Notes: This Financial Services Authority Regulation takes effect on July 1, 2026. This Financial Services Authority Regulation was promulgated on December 2, 2025, and established on November 21, 2025.
Upon the effective date of this Financial Services Authority Regulation: a. Article 6 paragraph (4) and Article 23, Article 40 paragraph (3) letter b, and paragraph (4) letter b of Financial Services Authority Regulation Number 29 of 2024 concerning Alternative Credit Rating Agencies; and b. Article 6 paragraph (4) and Article 23, Article 39 paragraph (2) letter c and paragraph (3) letter b of Financial Services Authority Regulation Number 4 of 2025 concerning Financial Service Aggregation Providers, are repealed and declared invalid.
Upon the effective date of this Financial Services Authority Regulation, provisions regarding self-evaluation, corporate governance, and Risk Management in Financial Services Authority Regulation Number 3 of 2024 concerning the Operation of Financial Sector Technology Innovation Providers, for ITSK Providers that have obtained business licenses from the Financial Services Authority, are repealed and declared invalid.
This POJK mandates further regulations regarding the implementation of corporate governance and risk management for providers of financial sector technology innovation.