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OJK Circular No. 3/SEOJK.06/2024 on Monthly Reports of Secondary Housing Financing Companies
The Financial Services Authority (OJK) issued Circular No. 3/SEOJK.06/2024 to regulate the format, structure, and submission procedures for monthly reports required of Secondary Housing Financing Companies (PPSP). The regulation mandates that PPSPs submit financial position, comprehensive income, cash flow, asset-liability matching, and other reports to the OJK by the 10th of the following month via online systems. This circular supersedes the previous 2013 circular and becomes effective on April 1, 2024, with mandatory reporting starting in April 2024 following a trial period using February and March 2024 data.
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Regulation / Regulation Search / Monthly Report of Secondary Housing Financing Companies


Sector: IKNB


Sub-Sector: Financing Institutions; Other Regulations


Regulation Type: OJK Circular


Regulation Number: 3/SEOJK.06/2024


Effective Date: 4/1/2024


Attachment 1
SEOJK 3-SEOJK.06-2024 Monthly Report of Secondary Housing Financing Companies.pdf
Abstract SEOJK 3-SEOJK.06-2024 Monthly Report of Secondary Housing Financing Companies.pdf
FAQ SEOJK 3-SEOJK.06-2024 Monthly Report of Secondary Housing Financing Companies.pdf


Page Content
Circular Letter of the Financial Services Authority of the Republic of Indonesia Number 3/SEOJK.06/2024 Concerning Monthly Reports of Secondary Housing Financing Companies


Abstract:
In order to regulate provisions regarding the form, structure, and procedures for submitting monthly reports for secondary housing financing companies as mandated by Article 2 paragraph (6), Article 4 paragraph (6), and Article 10 of Financial Services Authority Regulation Number 3/POJK.05/2013 concerning Monthly Reports of Non-Bank Financial Service Institutions.


The legal basis for this SEOJK is POJK Number 3/POJK.05/2013.


Details of monthly reports for BP Tapera, which include:


    

  1. financial position reports;
    2. 

  2. comprehensive income reports, currently known as income statements and other comprehensive income;
    3. 

  3. cash flow reports;
    4. 

  4. asset and liability matching analysis reports; and
    5. 

  5. other reports.
    6. 



Submission time for monthly reports, namely:


    

  1. PPSP must submit monthly reports to the Financial Services Authority no later than the 10th of the following month;
    2. 

  2. in the event that the 10th date as referred to in item 1 falls on a holiday, the Monthly Report must be submitted on the next working day; and
    3. 

  3. in the event that the submission date for monthly reports as referred to in item 1 or item 2 falls on a national holiday or shared holiday, the Financial Services Authority has the authority to determine the due date for submitting monthly reports.
    4. 



Directors responsible and report compilation personnel, namely:


    

  1. PPSP appoints a board member responsible for the compilation and presentation of monthly reports;
    2. 

  2. the board member appoints report compilation personnel to compile, verify, and submit monthly reports; and
    3. 

  3. PPSP must report changes in board members and/or report compilation personnel to the Financial Services Authority;
    4. 



Procedures for submitting monthly reports, namely:


    

  1. submission of monthly reports is submitted to the Financial Services Authority online through the Financial Services Authority's data communication network system;
    2. 

  2. submission of monthly reports is submitted to the Financial Services Authority online through an email address designated by the Financial Services Authority in the event that the Financial Services Authority's data communication network system is not available and/or the Financial Services Authority's data communication network system and/or PPSP experiences technical disturbances or force majeure; and
    3. 

  3. in the event that the Financial Services Authority's data communication network or email and/or PPSP experiences technical disturbances or force majeure so that Monthly Reports cannot be submitted, PPSP submits monthly reports offline.
    4. 



Notes:
This SEOJK becomes effective on April 1, 2024.


Transitional provisions:


    

  1. the obligation of PPSP to submit monthly reports in accordance with the form, structure, and submission procedures regulated in this Financial Services Authority Circular Letter begins for the reporting period of April 2024; and
    2. 

  2. PPSP must conduct trial submissions of monthly reports in accordance with the form, structure, and submission procedures for monthly reports as regulated in this Financial Services Authority Circular Letter using monthly report data from the period of February to the period of March 2024.
    3. 



At the time this SEOJK becomes effective, Circular Letter Number 10/SEOJK.05/2013 concerning Monthly Reports of Secondary Housing Financing Companies is revoked and declared invalid.


Attachment I: 4 PAGES.
Attachment II: 76 PAGES.
Attachment III: 69 PAGES.
Attachment IV: 3 PAGES.
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