Regulatory AlertsOJK Circular No. 2/SEOJK.06/2024 on Monthly Reports of the People's Housing Savings Management Agency
The Indonesia Financial Services Authority (OJK) issued Circular No. 2/SEOJK.06/2024 to regulate the format, structure, and submission procedures for monthly reports by the People's Housing Savings Management Agency (BP Tapera). The regulation mandates that BP Tapera submit financial position, comprehensive income, net asset changes, cash flow, and other reports by the 15th of the following month via OJK's digital systems. It further specifies the appointment of responsible commissioners and staff, outlines contingency procedures for technical failures or force majeure, and establishes a transition period requiring testing with data from February to April 2024 before the rules apply to the May 2024 reporting period.
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