Amendment to OJK Circular No. 25/SEOJK.05/2019 on Monthly Reports of Venture Capital and Sharia Venture Capital Companies

The Financial Services Authority (OJK) issued Circular No. 23/SEOJK.06/2025 to amend reporting requirements for Venture Capital and Sharia Venture Capital companies. The regulation mandates the submission of monthly reports via the OJK's online data communication system and establishes specific procedures for directors to request or modify system access. These changes take effect on April 1, 2027, while requiring a trial submission period using data from January to March 2027.

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Financial Services Authority Circular Number 23/SEOJK.06/2025 regarding Amendment to Financial Services Authority Circular Number 25/SEOJK.05/2019 concerning Monthly Reports of Venture Capital Companies and Sharia Venture Capital Companies

Abstract: This Financial Services Authority Circular constitutes an amendment to Financial Services Authority Circular Number 25/SEOJK.05/2019 concerning Monthly Reports of Venture Capital Companies and Sharia Venture Capital Companies. It is drafted based on the mandate of Article 128 paragraph (4) of Financial Services Authority Regulation Number 25 of 2023 concerning the Conduct of Business by Venture Capital Companies and Sharia Venture Capital Companies (State Gazette of the Republic of Indonesia Year 2023 Number 43/OJK, Supplement to the State Gazette of the Republic of Indonesia Number 65/OJK), and considering the need to refine reporting items required for supervisory purposes.

Note: This Financial Services Authority Circular takes effect on April 1, 2027. This Financial Services Authority Circular was established on October 22, 2025.

Several provisions in Financial Services Authority Circular Number 25/SEOJK.05/2019 concerning Monthly Reports of Venture Capital Companies and Sharia Venture Capital Companies are amended as follows:

  1. The provisions in Roman numeral V are amended to read as follows: • Submission of Monthly Reports is submitted to the Financial Services Authority online through the Financial Services Authority's data communication network system. • In submitting Monthly Reports as referred to in item 1, the preparer personnel as referred to in Roman numeral IV item 2 must have access to the Financial Services Authority's data communication network system. • To obtain access to the Financial Services Authority's data communication network system as referred to in item 2, the Board of Directors must submit a request in accordance with Format 2 as contained in Appendix IV, which is an integral part of this Financial Services Authority Circular, by providing the user email address. • In the event that the Company changes the user email address as referred to in item 3, the Board of Directors must submit a request to change access to the Financial Services Authority's data communication network system as referred to in item 2 in accordance with Format 3 as contained in Appendix IV, which is an integral part of this Financial Services Authority Circular.

  2. Appendix II and Appendix III of Financial Services Authority Circular Number 25/SEOJK.05/2019 concerning Monthly Reports of Venture Capital Companies and Sharia Venture Capital Companies are amended to become Appendix II and Appendix III, which are integral parts of this OJK Circular.

  3. The provisions in Roman numeral VII are amended to read as follows: • Companies and Sharia Banking Units (UUS) must conduct trials for the submission of Monthly Reports in accordance with the form, structure, and procedures for submission regulated in this Financial Services Authority Circular, using Monthly Report data for the period from January to March 2027. • With the establishment of this Financial Services Authority Circular, the obligation of Companies and UUS to submit Monthly Reports up to the reporting period for March 2027 remains to be carried out in accordance with the form, structure, and submission procedures for reports as regulated in Financial Services Authority Circular Number 25/SEOJK.05/2019 concerning Monthly Reports of Venture Capital Companies and Sharia Venture Capital Companies. • This Financial Services Authority Circular takes effect on April 1, 2027.