Regulatory AlertsOJK Circular No. 4/SEOJK.05/2024 on Pension Fund Investment Valuation Basis
The Financial Services Authority (OJK) issued Circular No. 4/SEOJK.05/2024 to implement Article 150 of POJK No. 27/2023 regarding Pension Fund Business Operations. This regulation updates investment valuation standards by introducing market or fair value alternatives for government bonds, corporate bonds, and regional bonds, while abolishing the previous valuation basis for savings. It also incorporates new investment types such as regional bonds and collective investment contracts for infrastructure, and explicitly extends these valuation principles to Sharia-compliant investments.
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