The Financial Services Authority (OJK) issued Circular No. 28/SEOJK.06/2025 to mandate the submission of Good Corporate Governance (GCG) implementation reports by financing institutions, venture capital companies, microfinance institutions, and other financial service institutions. The regulation requires these entities to disclose transparency, self-assessments, and action plans covering governance structures, risk management, compliance, and sustainability practices. This circular supersedes four previous OJK circulars and establishes the first reporting deadline for the December 2025 reporting period.