Regulatory AlertsOJK Regulation No. 33 of 2024 on the Development and Strengthening of Investment Management in the Capital Market
The Financial Services Authority (OJK) issued Regulation No. 33 of 2024 to implement Article 24 of the Capital Market Law as amended by the Financial Sector Development and Strengthening Law. This regulation establishes specific requirements for mutual funds regarding the acceptance or provision of loans and the purchase of shares or units in corporate mutual funds or other collective investment contracts. It simultaneously repeals conflicting provisions from previous OJK regulations concerning collective investment contract mutual funds and corporate mutual fund management guidelines.
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