Regulatory AlertsFinancial Services Authority Regulation No. 38 of 2025 on Lawsuits by the Financial Services Authority for Consumer Protection in the Financial Services Sector
The Financial Services Authority (OJK) issued Regulation No. 38 of 2025 to establish its legal authority to file lawsuits for consumer protection in the financial services sector, as mandated by Law No. 21 of 2011 and Law No. 4 of 2023. This regulation details the scope, objectives, execution procedures, and reporting requirements for such legal actions and court decisions. It officially took effect on December 22, 2025, simultaneously repealing specific consumer protection provisions from OJK Regulation No. 22 of 2023.
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