Regulatory AlertsAmendment to Financial Services Authority Regulation Number 39 of 2024 Concerning Pawnshops
The Financial Services Authority (OJK) issued Regulation Number 29 of 2025 to amend Regulation Number 39 of 2024 regarding pawnshops, aiming to create flexible operational space and simplify administrative regulations. The amendment introduces ten key changes, including simplified licensing for unlicensed operators, rules for foreign branches, joint financing with Sharia institutions, and adjusted reporting requirements. These measures support the government's strategic policies on economic strengthening, financial inclusion, and ease of doing business while ensuring effective risk management.
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