Regulatory AlertsOJK Circular No. 6/SEOJK.07/2024 on Registration of Financial Sector Technology Innovation Organizers
The Financial Services Authority (OJK) issued Circular No. 6/SEOJK.07/2024 to establish the registration procedures for Financial Sector Technology Innovation Organizers (ITSK) as mandated by POJK No. 3 of 2024. The regulation defines eligible applicants, including Sandbox graduates and recommended parties, and outlines the verification, approval, and cancellation processes for their registration. This circular became effective on June 3, 2024, and applies to both prospective and existing ITSK organizers.
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