Regulatory AlertsOJK Regulation No. 42 of 2025 on Financial Reporting Integrity for Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Institutions
The Financial Services Authority (OJK) issued Regulation No. 42 of 2025 to mandate financial reporting integrity for financing institutions, venture capital companies, microfinance institutions, and other financial service institutions (PVML). The regulation prohibits directors, commissioners, and employees from falsifying records or manipulating financial information, requiring instead the establishment of robust internal controls and designated oversight units. These measures aim to ensure the accuracy, transparency, and reliability of financial data for regulatory supervision and stakeholder decision-making.
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