Regulatory AlertsImplementation of Corporate Governance for Stock Exchanges, Clearing and Guarantee Institutions, and Custody and Settlement Institutions
The Financial Services Authority (OJK) issued POJK 31/2025 to establish comprehensive corporate governance standards for Stock Exchanges, Clearing and Guarantee Institutions, and Custody and Settlement Institutions as Self-Regulatory Organizations. The regulation mandates specific governance frameworks covering board responsibilities, risk management, internal controls, and stakeholder engagement to support the expansion of capital markets, derivatives, and carbon exchanges. It repeals previous provisions regarding the Boards of Directors and Commissioners in related regulations and sets a six-month compliance deadline for certain articles.
Share