Order 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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Sector: Banking

Sub-Sector: Other Regulations

Type of Regulation: Commissioner Board Regulation

Regulation Number: 42/PADK.03/2025

Effective Date: 12/16/2025

Appendix 1 PADK 42-PADK03-2025 Written Order for Handling Bank Problems through Mergers Consolidations Takeovers Integrations and or Conversions.pdf Abstract PADK 42-PADK03-2025 Written Order for Handling Bank Problems through Mergers Consolidations Takeovers Integrations and or Conversions.pdf FAQ PADK 42-PADK03-2025 Written Order for Handling Bank Problems through Mergers Consolidations Takeovers Integrations and or Conversions.pdf

Page Content Commissioner Board Regulation of the Financial Services Authority Number 42/PADK.03/2025 regarding Written Orders for Handling Bank Problems through Mergers, Consolidations, Takeovers, Integrations, and/or Conversions

Abstract: The Commissioner Board Regulation (PADK) regarding Written Orders for Handling Bank Problems through Mergers, Consolidations, Takeovers, Integrations, and/or Conversions is formulated to implement provisions as referred to in Article 14 of the Financial Services Authority Regulation Number 31 of 2024 regarding Written Orders (POJK Written Orders), as well as to realize justice, legal certainty, and utility in the execution of regulatory and supervisory tasks to overcome various legal problems. The legal basis for this PADK is: Law Number 21 of 2011 as amended by Law Number 4 of 2023 and POJK Number 31 of 2024. This PADK regulates, among others, criteria, procedures, follow-up, execution processes, evaluation of compliance, and procedures for submitting reports from the issuance of Written Orders to carry out and/or receive Mergers, Consolidations, Takeovers, Integrations, and/or Conversions. This PADK is intended as a supervisory instrument in the context of handling Bank problems.

Notes: This PADK takes effect on the date of establishment. This PADK was established on December 16, 2025. This PADK applies to Banks, in accordance with the regulations contained in this PADK.