Financial Services Authority Regulation

Number 39 of 2025 concerning Procedures for Collecting Administrative Sanctions in the Form of Fines in the Financial Services Sector

Abstract: This Financial Services Authority Regulation is established in implementation of the provisions of Article 31 paragraph (5) of Government Regulation Number 41 of 2024 concerning the Work Plan and Budget of the Financial Services Authority and Levies in the Financial Services Sector, as well as the provisions of Article 16 paragraph (2) of Financial Services Authority Regulation Number 2 of 2025 concerning Procedures for Implementing Levies in the Financial Services Sector and Other Receipts. The establishment of this regulation aims to provide legal certainty, uniformity, and effectiveness in the implementation of the collection of Administrative Sanctions in the Form of Fines (SABD), which is part of Non-Tax State Revenue (PNBP).

The legal basis for this Financial Services Authority Regulation is: Law Number 21 of 2011 as amended by Law Number 4 of 2023; Government Regulation Number 41 of 2024; and Financial Services Authority Regulation Number 2 of 2025.

This Financial Services Authority Regulation regulates provisions related to the payment and collection of SABD, regarding:

a. SABD payment obligations, including the payment period for SABD;

b. SABD collection mechanisms as part of optimization efforts;

c. Imposition of additional administrative sanctions or specific actions;

d. Objection requests regarding SABD;

e. Refund of overpayment;

f. Categorization and management of bad debts;

g. Determination of postponement of interest imposition and postponement of implementation of collection optimization efforts in order to maintain financial system stability and/or in the face of an economic crisis.

Notes: This Financial Services Authority Regulation takes effect on the date of its promulgation.

This Financial Services Authority Regulation was promulgated on December 22, 2025, and established on December 19, 2025.

At the time this Financial Services Authority Regulation takes effect, SABD that has been established prior to the effectiveness of this Financial Services Authority Regulation, the collection of SABD, and objections regarding SABD shall be implemented in accordance with Financial Services Authority Regulation Number 4/POJK.04/2014 concerning Procedures for Collecting Administrative Sanctions in the Form of Fines in the Financial Services Sector as amended several times, most recently by Financial Services Authority Regulation Number 36/POJK.02/2020 concerning the Third Amendment to Financial Services Authority Regulation Number 4/POJK.04/2014 concerning Procedures for Collecting Administrative Sanctions in the Form of Fines in the Financial Services Sector.

At the time this Financial Services Authority Regulation takes effect:

a. Paragraph 14 of Regulation Number XIV.B.2 which is an Appendix to the Decision of the Chairman of Bapepam and LK Number: KEP-642/BL/2012 dated December 5, 2012 concerning Submission of Objection Requests regarding Sanctions;

b. Financial Services Authority Regulation Number 4/POJK.04/2014 concerning Procedures for Collecting Administrative Sanctions in the Form of Fines in the Financial Services Sector;

c. Financial Services Authority Regulation Number 7/POJK.04/2015 concerning Amendment to Financial Services Authority Regulation Number 4/POJK.04/2014 concerning Procedures for Collecting Administrative Sanctions in the Form of Fines in the Financial Services Sector;

d. Financial Services Authority Regulation Number 26/POJK.02/2018 concerning the Second Amendment to Financial Services Authority Regulation Number 4/POJK.04/2014 concerning Procedures for Collecting Administrative Sanctions in the Form of Fines in the Financial Services Sector;

e. Financial Services Authority Regulation Number 36/POJK.02/2020 concerning the Third Amendment to Financial Services Authority Regulation Number 4/POJK.04/2014 concerning Procedures for Collecting Administrative Sanctions in the Form of Fines in the Financial Services Sector; and

f. Article 115 paragraph (9) of Financial Services Authority Regulation Number 22 of 2023 concerning Consumer and Community Protection in the Financial Services Sector,

are repealed and declared invalid.