Regulatory AlertsProcedures for Collecting Administrative Sanctions in the Form of Fines in the Financial Services Sector
The Financial Services Authority (OJK) issued POJK No. 39 of 2025 to establish standardized procedures for collecting Administrative Sanctions in the Form of Fines (SABD) within the financial services sector. The regulation governs payment obligations, collection mechanisms, additional sanctions, objection processes, and the management of bad debts to ensure legal certainty and effectiveness. It repeals previous regulations on this matter and applies to SABD established after its enactment on December 22, 2025.
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