Regulatory AlertsOJK Regulation No. 40 of 2025 on the Use of Proceeds from Public Offerings
The Financial Services Authority (OJK) issued Regulation No. 40 of 2025 to enhance investor protection and ensure that public offering proceeds are utilized in accordance with the prospectus. This regulation mandates the electronic submission and publication of the Realization Report on the Use of Proceeds (LRPD), detailing specific information requirements and procedures for fund changes. It repeals the previous OJK Regulation No. 30/POJK.04/2015 and establishes a legal framework for the optimalization of reporting mechanisms and oversight.
Regulation / Regulation Search / Use of Proceeds from Public Offerings
Sector: Capital Market
Sub-Sector: Other Regulations
Type of Regulation: OJK Regulation
Regulation Number: 40 of 2025
Effective Date: 6/22/2026
Attachment 1 POJK 40 of 2025 Use of Proceeds from Public Offerings.pdf Abstract of POJK 40 of 2025 Use of Proceeds from Public Offerings.pdf FAQ of POJK 40 of 2025 Use of Proceeds from Public Offerings.pdf
Page Content
Financial Services Authority Regulation Number 40 of 2025 concerning the Use of Proceeds from Public Offerings
Abstract: The formulation of this Financial Services Authority Regulation (POJK) is carried out to enhance protection for investor society, improve the quality of reporting and governance in the use of proceeds from public offerings, and ensure that proceeds from public offerings are realized in accordance with the use of funds plan in the prospectus. The formulation of this POJK also aims to complete the material content of regulations and the substance of the Realization Report on the Use of Proceeds (LRPD) and to encourage the optimization of electronic reporting facilities to add value in the implementation of supervision by the OJK. The legal basis for this Financial Services Authority Regulation is: Law No. 8 of 1995 as amended by Law No. 4 of 2023; and Law No. 21 of 2011 as amended by Law No. 4 of 2023. This Financial Services Authority Regulation regulates among other things the obligation to submit and announce the LRPD, information that must be included in the LRPD, submission of the LRPD through an electronic system, the use of proceeds from public offerings, disclosure of the use of proceeds from public offerings in the prospectus, accountability for the realization of the use of proceeds from public offerings, procedures for changing the use of proceeds from public offerings, the holding and placement of proceeds from public offerings that have not yet been realized, and the media and language for announcing the LRPD.
Note: This Financial Services Authority Regulation shall take effect after 6 (six) months from the date of promulgation. This Financial Services Authority Regulation was promulgated on December 22, 2025 and established on December 19, 2025. At the time this Financial Services Authority Regulation takes effect, Financial Services Authority Regulation Number 30/POJK.04/2015 concerning the Realization Report on the Use of Proceeds from Public Offerings is repealed and declared invalid.