Regulatory AlertsRegulation of the Financial Services Authority Number 17 of 2025 on the Offer of Securities Through Information Technology-Based Crowdfunding Services
The Indonesian Financial Services Authority (OJK) issued Regulation No. 17 of 2025 to update the regulatory framework for information technology-based crowdfunding services, replacing the previous 2020 regulation. This new regulation implements mandates from the Financial Sector Development and Strengthening Law (UU P2SK) to enhance transparency, governance, investor protection, and the legal basis for licensing and supervision. It establishes comprehensive requirements for service organizers, issuers, and investors, while defining business activities, risk mitigation, and organizational obligations.
Share