Regulatory AlertsRegulation on the Management of Information Technology by Rural Banks and Sharia Rural Banks
The Financial Services Authority (OJK) issued Regulation No. 43/PADK.03/2025 to refine the implementation of Information Technology management for Rural Banks (BPR) and Sharia Rural Banks (BPRS) in alignment with higher legislation. This regulation establishes detailed requirements for IT governance, risk management, cyber resilience, data protection, and reporting formats, serving as the operational framework for POJK No. 34 of 2025. It officially revokes the previous OJK Circular No. 15/SEOJK.03/2017 regarding IT standards for these institutions upon its effective date.
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