Regulatory AlertsOrder of the Commissioner Board of the Financial Services Authority Number 42/PADK.03/2025 on Written Orders for Handling Bank Problems through Mergers, Consolidations, Takeovers, Integrations, and/or Conversions
The Commissioner Board of the Financial Services Authority issued Regulation Number 42/PADK.03/2025 to implement Article 14 of POJK Number 31 of 2024 regarding Written Orders. This regulation establishes the criteria, procedures, execution processes, and reporting mechanisms for handling bank problems through mergers, consolidations, takeovers, integrations, and/or conversions. It serves as a supervisory instrument to ensure legal certainty and justice in resolving legal issues within the banking sector.
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