OJK Circular No. 6/SEOJK.07/2024 on Registration of Financial Sector Technology Innovation Organizers — OJK — ID

To:
Parties intending to submit a registration application as Financial Sector Technology Innovation Organizers at your location.

COPY
CIRCULAR LETTER OF THE FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA NUMBER 6/SEOJK.07/2024 CONCERNING REGISTRATION OF FINANCIAL SECTOR TECHNOLOGY INNOVATION ORGANIZERS

In light of the enactment of Financial Services Authority Regulation Number 3 of 2024 concerning Financial Sector Technology Innovation (State Gazette of the Republic of Indonesia Year 2024 Number 5/OJK, Supplement to the State Gazette of the Republic of Indonesia Number 73/OJK), it is necessary to further regulate the registration of financial sector technology innovation organizers in this Financial Services Authority Circular as follows:

I. GENERAL PROVISIONS

In this Financial Services Authority Circular, the following terms are defined as:
a. Financial Sector Technology Innovation, hereinafter abbreviated as ITSK, is technology-based innovation that impacts products, activities, services, and business models within the digital financial ecosystem. b. ITSK Organizer is any party that organizes ITSK.
c. Innovation/Development Testing Area, hereinafter called Sandbox, is a facility and mechanism provided by the Financial Services Authority to facilitate testing and development of innovations to assess the feasibility and reliability of ITSK.
d. Type of ITSK is a series of products, activities, services, and business models within the digital financial ecosystem that have uniqueness and are generated from the Sandbox process. e. Board of Directors is the company organ authorized and fully responsible for managing the company for the interests of the company, in accordance with the intent and purpose of the company, and representing the company, both inside and outside of court, in accordance with the provisions of the articles of association for companies in the form of a limited liability company or equivalent to the Board of Directors for companies in the form of other legal entities. f. Board of Commissioners is the company organ tasked with conducting general and/or specific supervision in accordance with the articles of association and providing advice to the Board of Directors for companies in the form of a limited liability company or equivalent to the Board of Commissioners for companies in the form of other legal entities. g. Controlling Shareholders, hereinafter abbreviated as PSP, are legal entities, individuals, and/or business groups, whether directly or indirectly, who own shares or share equivalents in parties conducting activities in the financial services sector and/or have the ability to exercise control over the aforementioned parties. h. Electronic Document is any electronic information created, forwarded, sent, received, or stored in analog, digital, electromagnetic, optical, or similar forms, which can be viewed, displayed, and/or heard through computers or electronic systems, including but not limited to writings, sounds, images, maps, designs, photographs or similar items, letters, signs, numbers, access codes, symbols, or perforations that have meaning or can be understood by persons capable of understanding them.
i. Consumer is any person who owns and/or utilizes products and/or services provided by financial sector business actors.
j. Financial Sector Business Actors, hereinafter abbreviated as PUSK, are Financial License Holders (LJK), financial market infrastructure business actors, payment system business actors, supporting institutions in the financial sector, and other financial sector business actors, whether conducting business activities conventionally or based on Sharia Principles, in accordance with the provisions of laws and regulations in the financial sector.
Prospective ITSK Organizers who register are:
a. participants who have passed the Sandbox and are determined by the Financial Services Authority to submit a registration application; b. parties granted a recommended status by the Financial Services Authority to fulfill registration obligations;
c. parties who have the same type of ITSK as participants who have passed the Sandbox as referred to in letter a; or
d. parties who have the same type of ITSK as parties granted a recommended status as referred to in letter b.

II. REGISTRATION APPLICATION PROCEDURES AND REQUIREMENTS FOR ITSK ORGANIZERS

Prospective ITSK Organizers submit a registration application to the Financial Services Authority by submitting the Application Form signed by members of the Board of Directors as stated in Appendix I Part A, which is an integral part of this Financial Services Authority Circular.
The Application Form as referred to in number 1 is accompanied by a cover letter signed by members of the Board of Directors of the prospective ITSK Organizer as stated in Appendix I Part B, which is an integral part of this Financial Services Authority Circular.
The ITSK Organizer Registration Application Form is accompanied by documents containing at least:
a. data and information related to institutional and governance matters, including:
1) copies of the articles of incorporation of the legal entity approved by the competent authority, containing business activities as determined by the Financial Services Authority;
2) copies of the latest articles of amendment approved by the competent authority, containing business activities as determined by the Financial Services Authority;
3) shareholder data, if the prospective ITSK Organizer is a limited liability company:
a) for individual shareholders, by attaching:
(1) photocopies of identification cards, namely resident identity cards for Indonesian Citizens or passports for Foreign Citizens, which are still valid; (2) proof of reporting Annual Income Tax Returns (SPT) for the last 2 (two) years for Indonesian Citizens or equivalent documents for Foreign Citizens; (3) curriculum vitae completed with the latest 4x6 cm color passport photos as stated in Appendix I Part C, which is an integral part of this Financial Services Authority Circular; and (4) statements from shareholders in the format of Individual Shareholder Statements as stated in Appendix I Part D, which is an integral part of this Financial Services Authority Circular; b) for corporate shareholders, by attaching:
(1) lists and details of shareholders along with details of each share ownership; (2) copies of the articles of incorporation of the legal entity approved by the competent authority; (3) copies of the latest articles of amendment approved by the competent authority; (4) statements from shareholders in the format of Corporate Shareholder Statements as stated in Appendix I Part E, which is an integral part of this Financial Services Authority Circular; and (5) proof of reporting Annual Income Tax Returns (SPT) for the last 2 (two) years for Indonesian legal entities or equivalent documents for foreign legal entities;
4) Board of Directors and Board of Commissioners data:
a) photocopies of identification cards, namely resident identity cards for Indonesian Citizens or passports for Foreign Citizens, which are still valid; b) photocopies of Limited Stay Permits or Permanent Stay Permits for foreign citizens; c) curriculum vitae completed with the latest 4x6 cm color passport photos as stated in Appendix I Part C, which is an integral part of this Financial Services Authority Circular; d) proof of reporting Annual Income Tax Returns (SPT) for the last 2 (two) years for Indonesian Citizens or equivalent documents for Foreign Citizens; and e) statements from each member of the Board of Directors in the format of Board of Directors Member Statements as stated in Appendix I Part F and members of the Board of Commissioners in the format of Board of Commissioners Member Statements as stated in Appendix I Part G, which are integral parts of this Financial Services Authority Circular;
5) information regarding PSP;
a) information related to PSP; b) number (percentage) of PSP ownership; and c) statements from PSP in the format of Controlling Shareholder Statements as stated in Appendix I Part H, which is an integral part of this Financial Services Authority Circular;
6) organizational structure of the prospective ITSK Organizer containing information regarding:
a) structure and/or job functions, including devices executing compliance functions; b) names of structures and/or job functions; c) number of human resources in each structure and/or job function; and d) division of tasks and authority for each structure and/or job function;
7) guidelines or standard operating procedures related to the implementation of anti-money laundering programs, counter-terrorism financing, and counter-proliferation financing of weapons of mass destruction;
8) work plan for the first (1) year containing at least:
a) description of business activities to be conducted; b) targets and steps taken to achieve the aforementioned targets; and c) financial report projections for 1 (one) year ahead;
9) proof of expertise and/or background of human resources in the field of information technology, including certifications or work experience in the field of information technology for at least 3 (three) years;
b. data and information related to business models, including:
1) business models and processes;
2) self-evaluation of the suitability of the type of ITSK with types of ITSK that have passed the Sandbox;
3) benefits of products, services, and/or innovations offered (value proposition);
4) target market served and Consumer profiles;
5) revenue structure and fees charged to users;
6) explanation regarding data flow diagrams and types of data involved;
7) data management mechanisms starting from the processes of collection, processing, storage, and distribution of data;
8) output of products, services, and/or innovations provided;
9) strategies and/or implementation of risk management; and
10) data and information related to Consumer protection policies and procedures, including policies and procedures for handling Consumer complaints, and policies and procedures for Consumer redress;
c. data and information related to information technology, including:
1) methodologies and technologies used in the service provision process;
2) portal domains and mobile-based applications accessible by partners and/or Consumers, accompanied by mock-ups in the form of screenshots for the company profile section, product disclosure/information, and call center;
3) proof that data centers and disaster recovery centers are located within Indonesian territory;
4) cooperation agreements with providers of data centers and disaster recovery centers;
5) documents related to information security management systems, including:
a) ISO 27001 certificates issued by certification bodies that have accreditation from the National Accreditation Committee (KAN) or certification bodies that have the authority to issue ISO 27001 certificates (for certification bodies that do not have KAN accreditation); or b) certifications or other documents containing policies related to information system security, containing control mechanisms on:
(1) organizational aspects, including delegation of authority and organizational structure; (2) Human Resources aspects, including fulfillment of Human Resources in relevant IT positions, minimum competency requirements, and competency development policies/strategies (certifications/training); (3) physical device aspects, including policies of prospective ITSK Organizers regarding the availability and safety of IT physical devices; and (4) technology aspects, including network, application, and data security;
6) policies and procedures for personal data protection; and
7) proof of readiness of electronic systems and data for the operational activities of prospective ITSK Organizers in the format of the List of Readiness of Electronic Systems and Operational Activity Data as stated in Appendix I Part I, which is an integral part of this Financial Services Authority Circular;
d. data and information related to partnerships, including:
1) partnership plans;
2) mapping of business processes supported by third parties, accompanied by the names and positions of the third parties and the scope of cooperation;
3) mapping related to the number and types of cooperation with PUSK that have been implemented (if any);
4) memorandums of understanding or cooperation agreements with PUSK (if any); and
5) explanation of procedures and implementation of proof of concept in the partnership mechanism with PUSK.
For the purposes of the registration process, the Financial Services Authority may request prospective ITSK Organizers to submit other documents related to registration. The aforementioned other documents include documents from other ministries/agencies, documents from prospective ITSK Organizers which may be policies, procedures, statements, or other documents requested by the Financial Services Authority, as part of fulfilling the criteria for the type of ITSK.
Registration applications as referred to in number 1 are submitted to the Financial Services Authority online through an electronic system managed by the Financial Services Authority.
Registration application documents submitted through the electronic system are original documents and/or color scans of original documents.
In the event that the Financial Services Authority electronic system as referred to in number 5 is not yet available and/or experiences disturbances, the submission of registration applications is submitted in the form of electronic documents via email to mailingroomsoemitro@ojk.go.id and pendaftaraniakd@ojk.go.id or other addresses designated by the Financial Services Authority.
In the event that the Financial Services Authority email as referred to in number 7 experiences technical disturbances, the submission of registration applications is submitted to the Financial Services Authority offline by:
a. being submitted directly; or b. sent through a courier service company.
The submission of offline registration applications as referred to in number 8 is addressed to:
Head of the Department of Financial Sector Technology Innovation Regulation and Licensing, Digital Financial Assets and Crypto Assets Soemitro Djojohadikusumo Building Jalan Lapangan Banteng Timur 2-4 Jakarta 10710, Indonesia

III. DOCUMENT VERIFICATION AND ANALYSIS PROCESS, AS WELL AS APPROVAL AND REJECTION OF REGISTRATION APPLICATIONS FOR ITSK ORGANIZERS

The Financial Services Authority conducts verification and analysis of registration application documents submitted by prospective ITSK Organizers.
In order to support the verification and analysis as referred to in number 1, the Financial Services Authority may:
a. request the Board of Directors, Board of Commissioners of prospective ITSK Organizers and/or other parties to make presentations to ensure the operational readiness of prospective ITSK Organizers; b. conduct direct interviews with the Board of Directors, Board of Commissioners of prospective ITSK Organizers and/or other parties related to prospective ITSK Organizers to ensure the operational readiness of prospective ITSK Organizers, the results of which will be recorded in interview minutes; and/or
c. conduct field reviews to ensure the operational readiness and service security of prospective ITSK Organizers, whether such field reviews are conducted by the Financial Services Authority or other parties designated by the Financial Services Authority.
In the event that, based on the results of verification and analysis of documents and/or information as referred to in number 1, there are deficiencies in documents and/or information, the Financial Services Authority notifies prospective ITSK Organizers to complete the missing documents online through the Financial Services Authority electronic system.
In the event that the Financial Services Authority electronic system as referred to in number 3 is not yet available and/or experiences disturbances, notifications to prospective ITSK Organizers are submitted via email.
In the event that the Financial Services Authority email as referred to in number 4 experiences technical disturbances, notifications to prospective ITSK Organizers are submitted offline.
In the event that missing documents are not submitted within 30 (thirty) days after the date of notification by the Financial Services Authority as referred to in number 3, the Financial Services Authority notifies prospective ITSK Organizers that the application process cannot be continued.
The Financial Services Authority provides approval or rejection of registration applications within a maximum of 20 (twenty) working days after the registration application documents are received in complete form.
The Financial Services Authority provides approval for registration applications in the form of a registered evidence letter.
In the event that ITSK Organizer registration applications are rejected as referred to in number 7, prospective ITSK Organizers may submit a new registration application to the Financial Services Authority by fulfilling the provisions in Financial Services Authority Regulation Number 3 of 2024 concerning ITSK Organization and this Financial Services Authority Circular.
ITSK Organizers who have obtained the registered evidence letter as referred to in number 8 submit applications for registration as electronic system operators to the competent authority within 30 (thirty) working days from the date of issuance of the registered evidence letter by the Financial Services Authority.
Applications for registration as electronic system operators as referred to in number 10 are copied to the Financial Services Authority simultaneously with submission to the competent authority.
ITSK Organizers submit copies of the register as electronic system operators to the Financial Services Authority within a maximum of 7 (seven) working days from the date of the register letter as electronic system operators.
ITSK Organizers may conduct activities as ITSK Organizers after completing licensing documents from the Financial Services Authority and the competent authority.
In the event that ITSK Organizers do not obtain the register as electronic system operators as referred to in number 12 within a period of 60 (sixty) working days from the issuance of the registered evidence letter by the Financial Services Authority, the registered evidence letter from the Financial Services Authority becomes invalid.

IV. CANCELLATION OF REGISTRATION OF ITSK ORGANIZERS

The Financial Services Authority may cancel the registration of ITSK Organizers who have obtained registered evidence letters as ITSK Organizers if:
a. ITSK Organizers violate legal regulations; b. ITSK Organizers are deemed unable to conduct their business operations based on supervision results by the Financial Services Authority or other reasons in accordance with legal regulations; or
c. ITSK Organizers submit requests to cancel registered evidence letters.
Cancellation requests as referred to in number 1 letter c are submitted in accordance with the format of the Request Letter for Cancellation of Registered Evidence Letters as ITSK Organizers as stated in Appendix II Part A and the Application Form for Cancellation of Registered Evidence Letters as ITSK Organizers as stated in Appendix II Part B, which are integral parts of this Financial Services Authority Circular, and accompanied by documents containing at least:
a. reasons for closure or cessation of business activities; b. proof or plans for settling rights and obligations with partners, Consumers, and other parties; and
c. statements from ITSK Organizers that ITSK Organizers have fulfilled all obligations of ITSK Organizers in the format of Statements of Settlement of Rights and Obligations as stated in Appendix II Part C, which is an integral part of this Financial Services Authority Circular.
The Financial Services Authority cancels registered evidence letters of ITSK Organizers within a maximum of 20 (twenty) working days after

This copy is consistent with the original
Director of Legal Development
Legal Department
Aat Windradi

ITSK Organizers fulfill all requirements as referred to in number 2 and cancellation requests for ITSK Organizer registration are received in complete form.

The Financial Services Authority sends cancellation letters of registered evidence letters to ITSK Organizers.
ITSK Organizers whose registrations are cancelled by the Financial Services Authority as referred to in number 1 must fulfill all their obligations to partners, Consumers, and other parties.
ITSK Organizers whose registrations are cancelled by the Financial Services Authority as referred to in number 1 are announced on the official website of the Financial Services Authority.

V. OTHER PROVISIONS

Questions regarding ITSK Organizer registration are submitted via email to pendaftaraniakd@ojk.go.id.

VI. TRANSITIONAL PROVISIONS

Parties who have been granted recommended status by the Financial Services Authority to fulfill registration obligations at the time this Financial Services Authority Circular takes effect may continue to use articles of incorporation containing types of business activities used during the Sandbox process.
Parties as referred to in number 1, after registering with the Financial Services Authority, must adjust the types of business activities in their articles of incorporation to the types of business activities determined by the Financial Services Authority.

VII. CLOSING

This Financial Services Authority Circular takes effect on the date of establishment.

Established in Jakarta on June 3, 2024

EXECUTIVE HEAD OF FINANCIAL SECTOR TECHNOLOGY INNOVATION SUPERVISOR, DIGITAL FINANCIAL ASSETS AND CRYPTO ASSETS FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA,

HASAN FAWZI

signed signed

APPENDIX I
FINANCIAL SERVICES AUTHORITY CIRCULAR LETTER
REPUBLIC OF INDONESIA
NUMBER 6/SEOJK.07/2024
CONCERNING
REGISTRATION OF FINANCIAL SECTOR TECHNOLOGY INNOVATION ORGANIZERS

A. ITSK ORGANIZER REGISTRATION APPLICATION FORM

Application Form for Registration of ITSK Organizers

Organizer Name :
Request Letter Number :
Request Letter Date :
Brief Description of Organizer's
Business Activities :
Contact Person (Name, Tel/email) :

No. DESCRIPTION INFORMATION
Details of Institutional and Governance Data
1 Copy of articles of incorporation of the legal entity approved by the competent authority containing business activities as determined by the Financial Services Authority Application format according to the Application Form for Registration of ITSK Organizers and signed on stamped paper. 2 Copy of the latest articles of amendment approved by the competent authority containing business activities as determined by the Financial Services Authority 3 Shareholder data a) for individual shareholders, by attaching:
(1) photocopies of identification cards, namely resident identity cards for Indonesian Citizens or passports for Foreign Citizens, which are still valid; (2) proof of reporting Annual Income Tax Returns (SPT) for the last 2 years for Indonesian Citizens or equivalent documents for Foreign Citizens;

(3) curriculum vitae accompanied by a recent 4x6 cm color passport-sized photo; and (4) a statement from the shareholder according to the format of the Individual Shareholder Statement Letter as per the attachment of this Financial Services Authority Circular; b) for corporate shareholders, accompanied by:
(1) a list and details of shareholders along with details of each share ownership; (2) a copy of the established articles of incorporation of the corporation that has been approved by the competent authority; (3) a copy of the latest amendment to the articles of incorporation that has been approved by the competent authority; (4) a statement from the shareholder according to the format of the Corporate Shareholder Statement Letter; (5) proof of reporting the Annual Tax Return (SPT) for the last 2 years for Indonesian corporations or equivalent documents for foreign corporations. 4 Data on the Board of Directors and Board of Commissioners a) photocopy of identification consisting of an Indonesian Citizen Identity Card or passport for Foreign Citizens, which is still valid; b) photocopy of the Limited Stay Permit Card or

-
Permanent Stay Permit Card for foreign citizens; c) curriculum vitae accompanied by a recent 4x6 cm color passport-sized photo; d) proof of reporting the Annual Tax Return (SPT) for the last 2 years for Indonesian Citizens or equivalent documents for Foreign Citizens; and e) a statement from each member of the Board of Directors and member of the Board of Commissioners according to the format of the Statement Letter of Board of Directors Member and Statement Letter of Board of Commissioners Member. 5 Information regarding the ITSK Organizer (PSP) a) information related to the ITSK Organizer (PSP); b) the amount (percentage) of PSP share ownership; and c) a PSP statement letter according to the format of the Controlling Shareholder Statement Letter. 6 Organizational structure of the candidate ITSK Organizer a) structure and/or function of positions, including among others the Components that carry out compliance functions; b) name of the structure and/or function of positions; c) number of human resources in each structure and/or function of positions; and d) division of tasks and authority for each structure and/or function of positions. 7 Guidelines or standards for operational procedures related to the implementation of anti-money laundering programs, counter-terrorism financing prevention, and counter-proliferation financing of weapons of mass destruction 8 Work plan for the first 1 (one) year a) description of business activities to be carried out; b) targets and steps taken to achieve the aforementioned targets; and c) financial report projections for 1 (one) year ahead. 9 Proof of expertise and/or background of human resources in the field of information technology including among others certifications or work experience in the field of information technology for at least 3 years Data and Information Related to Business Model 1 Business model and process 2 Self-evaluation on the suitability of the type of ITSK with the type of ITSK that has passed the Sandbox 3 Benefits of products, services, and/or innovations offered (value proposition) 4 Target market served and profile of Consumers 5 Revenue structure (revenue) and costs charged to users (fees) 6 Explanation regarding data flow diagrams and types of data involved 7 Data management mechanism starting from the collection, processing, storing, and distribution processes 8 Output of products, services, and/or innovations provided 9 Strategies and/or implementation of risk management

10 Data and information related to policies and procedures for Consumer protection, including among others policies and procedures for handling Consumer complaints, and policies and procedures for Consumer redress (consumer redress) Data and Information Related to Information Technology 1 Methodology and technology used in the process of providing services 2 Portal domain and mobile-based application accessible by partners and/or Consumers, accompanied by mock-ups in the form of screenshots (screenshot) for the company profile section, product disclosure/information, and call center (call center) 3 Proof that the data center and disaster recovery center are located within Indonesian territory 4 Cooperation agreements with providers of data centers and disaster recovery centers 5 Documents related to information security management systems a) ISO 27001 certificate issued by a certification body that has accreditation from the National Accreditation Committee (KAN) or certification bodies that have the authority to issue ISO 27001 certificates (for certification bodies that do not have accreditation from KAN); or b) certifications or other documents containing policies related to information system security that include control mechanisms on:
(1) organizational aspects, including among others delegation of authority and organizational structure; (2) human resource aspects, including among others human resource fulfillment in relevant IT positions, minimum competency requirements, and policies/strategies for human resource competency development (certifications/training); (3) physical device aspects, including among others policies of the candidate ITSK Organizer regarding physical IT devices being available and safe; and (4) technological aspects, including among others network, application, and data security 6 Policies and procedures for personal data protection 7 Proof of readiness of electronic systems and data for the operational activities of candidate ITSK Organizers according to the format of the List of Readiness of Electronic System Infrastructure and Data for Operational Activities Data and Information Related to Partnerships 1 Partnership plans 2 Business process mapping supported by third parties, accompanied by the name and location of the third party concerned and the scope of cooperation 3 Mapping related to the number and types of cooperation with Financial Sector Innovation Hubs (PUSK) that have been implemented (if any) 4 Memorandum of Understanding or cooperation agreements with PUSK (if any)

5 Explanation regarding procedures and implementation of proof of concept in the partnership mechanism with PUSK We, the undersigned, hereby declare that:

The aforementioned information is consistent with the actual
state of affairs and has been completed with supporting documents; and
documents submitted via electronic systems or electronic mail are true and identical to the original documents.
(to be filled with city name, date, month, and year) Board of Directors Member signature (Full Name) For the Interests of the Financial Services Authority Note:

B. FORMAT OF THE COVER LETTER FOR APPLICATION FOR REGISTRATION OF ITSK ORGANIZERS Number : …………………………… ................ 20 ... Attachments : ..…………………………. Subject : Application for Registration of Financial Sector Technology Innovation Organizers (ITSK) To Honorable Head of the Department of Regulation and Licensing for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets

Referring to Financial Services Authority Circular Number ….. Year 2024 regarding Registration of Financial Sector Technology Innovation Organizers, hereby we submit an application to obtain registered status as an ITSK Organizer:
Applicant Name : ....................................................
Citizenship : ....................................................
Applicant Position : ....................................................
Applicant Address : ....................................................
City .....
Province .....
Postal Code .....
Applicant Telephone Number : ....................................................
Applicant Mobile Phone
Number
: ....................................................
Applicant Email : ....................................................
Company Name : …………………………………………..
Application Name : …………………………………………..
Company Address : ....................................................
City .....
Province .....
Postal Code .....
Company Telephone/Fax Number : ....................................................
Company Website
Address
: ....................................................
Company Email : ....................................................
To complete the aforementioned application, we hereby submit the following documents:
a. data and information related to institutional and governance; b. data and information related to business models;

C. data and information related to information technology; and
d. data and information related to partnerships, hereby declaring that documents submitted via electronic systems or electronic mail are true and identical to the original documents. If it is later found that the data/information/documents we submitted are untrue or or there is forgery, we are willing to be subject to sanctions in accordance with applicable laws and regulations. This is our application and for your attention, Sir/Madam*), we express our gratitude. Sincerely,
Board of Directors Member …………................
Stamp Duty
Rp.10,000,-
..............................................
*) strike out what is not necessary

C. FORMAT OF CURRICULUM VITAE FOR SHAREHOLDERS, DIRECTORS, AND COMMISSIONERS
CURRICULUM VITAE
Personal Data
Name : ....................................................
Place/Date of Birth : ....................................................
Gender : ....................................................
Religion : ....................................................
Citizenship : ....................................................
Population Identity Number (NIK)
: ....................................................
Address : ....................................................
City .....
Province .....
Postal Code .....
Telephone Number : ....................................................
Mobile Phone Number
Applicant
: ....................................................
Education History

Formal
Education Level
Major/
Specialization
Name/Place
Year of Graduation
Non-Formal (Certified)
Course/ Seminar Organizer Year
4x6 cm
Professional Education (Profession)
Certification Organizer Year Graduation
Work History
Company Name
Position Description
Main Tasks
Start Date of Employment
End Date of Employment
Reason for Leaving
.....,............ 20.....
Applicant,
Stamp Duty
Rp.10,000,-
..............................................

D. FORMAT OF INDIVIDUAL SHAREHOLDER STATEMENT LETTER To Honorable Head of the Department of Regulation and Licensing for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets I, the undersigned:
Name : .....................................................................
Population Identity Number
(NIK)
: .....................................................................
Occupation : .....................................................................
Citizenship : .....................................................................
Full Address : .....................................................................
City .....
Province .....
Postal Code .....
Full Address (Domicile) : .....................................................................
City .....
Province .....
Postal Code .....
Company Name : .....................................................................
Company Address : .....................................................................
Company Website
Address
: .....................................................................
hereby declare truthfully that:

capital contributions to the ITSK Organizer do not originate from loans;
capital contributions to the ITSK Organizer do not originate from the proceeds of financial crimes;
are not recorded in the list of non-performing loans managed by
the Financial Services Authority; and
the source of funds used by prospective shareholders in the context
of share ownership does not originate from or for the purpose of money laundering and/or terrorism financing. This statement letter is made truthfully so that it can be used as appropriate.
.....,............ 20.....
Applicant,
Stamp Duty
Rp.10,000,-
..............................................

E. FORMAT OF CORPORATE SHAREHOLDER STATEMENT LETTER To Honorable Head of the Department of Regulation and Licensing for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets I, the undersigned:
Name : .....................................................................
Position : .....................................................................
Full Address : .....................................................................
City .....
Province .....
Postal Code .....
Company Name : .....................................................................
Company Address : .....................................................................
Company Website Address: .....................................................................
hereby declare truthfully that:

capital contributions to the ITSK Organizer do not originate from loans;
capital contributions to the ITSK Organizer do not originate from the proceeds of financial crimes; and
are not recorded in the list of non-performing loans managed by
the Financial Services Authority.
This statement letter is made truthfully so that it can be used as appropriate.
Sincerely,
Director/Manager
PT……………………
Stamp Duty
Rp.10,000,-
..............................................

F. FORMAT OF BOARD OF DIRECTORS MEMBER STATEMENT LETTER To Honorable Head of the Department of Regulation and Licensing for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets I, the undersigned:
Name : .....................................................................
Position : .....................................................................
Full Address : .....................................................................
City .....
Province .....
Postal Code .....
Company Name : .....................................................................
Company Address : .....................................................................
Company Website Address : .....................................................................
hereby declare truthfully that I:

do not have non-performing loans and/or financing managed by
the Financial Services Authority;
have never been sentenced for committing criminal offenses in the field of
financial services and/or the economy based on court decisions that have acquired permanent legal force within the last 5 (five) years;
have never been sentenced for committing criminal offenses
based on court decisions that have acquired permanent legal force within the last 5 (five) years;
have never been declared bankrupt or declared guilty causing
a business entity to be declared bankrupt based on court decisions that have acquired permanent legal force within the last 5 (five) years; and
have never been a shareholder, director, or commissioner
member of a financial services company whose business license was revoked due to violations within the last 5 (five) years. This statement letter is made truthfully so that it can be used as appropriate. Sincerely, Director/Manager PT…………………… Stamp Duty Rp.10,000,-
..............................................

G. FORMAT OF BOARD OF COMMISSIONERS MEMBER STATEMENT LETTER To Honorable Head of the Department of Regulation and Licensing for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets I, the undersigned:
Name : .....................................................................
Position : .....................................................................
Full Address : .....................................................................
City .....
Province .....
Postal Code .....
Company Name : .....................................................................
Company Address : .....................................................................
Company Website Address : .....................................................................
hereby declare truthfully that I:

do not have non-performing loans and/or financing managed by
the Financial Services Authority;
have never been sentenced for committing criminal offenses in the field of
financial services and/or the economy based on court decisions that have acquired permanent legal force within the last 5 (five) years;
have never been sentenced for committing criminal offenses
based on court decisions that have acquired permanent legal force within the last 5 (five) years;
have never been declared bankrupt or declared guilty causing
a business entity to be declared bankrupt based on court decisions that have acquired permanent legal force within the last 5 (five) years; and
have never been a shareholder, director, or commissioner
member of a financial services company whose business license was revoked due to violations within the last 5 (five) years. This statement letter is made truthfully so that it can be used as appropriate. Sincerely, Board of Commissioners Member/Supervisor PT…………………………………… Stamp Duty Rp.10,000,-
..............................................

H. FORMAT OF CONTROLLING SHAREHOLDER STATEMENT LETTER To Honorable Head of the Department of Regulation and Licensing for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets I, the undersigned:
Name : .....................................................................
Position : .....................................................................
Full Address : .....................................................................
City .....
Province .....
Postal Code .....
Company Name : .....................................................................
Company Address : .....................................................................
Company Website Address : .....................................................................
hereby declare truthfully that:

commit to complying with laws and regulations and
supporting Financial Services Authority policies;
commit to the healthy development of ITSK Organizers;
commit to taking necessary measures when
ITSK Organizers face financial difficulties; and
the source of funds used by prospective controlling shareholders in the
context of share ownership does not originate from or for the purpose of money laundering and/or terrorism financing;
capital contributions to the ITSK Organizer do not originate from loans;
capital contributions to the ITSK Organizer do not originate from the proceeds of financial crimes;
are not recorded in the list of non-performing loans managed by
the Financial Services Authority;
have never been sentenced for committing criminal offenses in the field
of financial services and/or the economy based on court decisions that have acquired permanent legal force within the last 5 (five) years;
have never been sentenced for committing criminal offenses
based on court decisions that have acquired permanent legal force within the last 5 (five) years;
have never been declared bankrupt or guilty causing a
corporation/company to be declared bankrupt based on court decisions that have acquired permanent legal force within the last 5 (five) years; and
have never been a controlling shareholder, director,
or commissioner member, of a financial services company whose business license was revoked due to violations within the last 5 (five) years.

This statement letter is made truthfully so that it can be used as appropriate.
Sincerely,
Board of Commissioners Member/Supervisor
PT……………………………………
Stamp Duty
Rp.10,000,-
..............................................

I. FORMAT OF LIST OF READINESS OF ELECTRONIC SYSTEM INFRASTRUCTURE AND DATA FOR OPERATIONAL ACTIVITIES
List of Readiness of Electronic System Infrastructure and Data for Operational Activities No. Requirements Yes No Remarks and Supporting Documents Completeness of infrastructure facilities and data centers (data center) 1 The Organizer places the Data Center at a location separate from the Disaster Recovery Center location. 2 The Organizer places the Data Center and Disaster Recovery Center in Indonesia. 3 The Organizer submits a list of third parties used (if any). 4 The Organizer submits Cooperation Agreement (PKS) documents with each data center provider and/or other third parties. The information that must be included in the PKS at minimum:
a. Parties involved in the PKS; b. Type and specifications of services;
c. Service Level Agreement (SLA) for each service
provided; d. Service usage duration;

e. Rights and obligations in service provision; f. Type of Data Center and Disaster Recovery Center used (Mirror Site/Hot Site/Warm Site/Cold Site); and g. Service extension and/or termination.

Remarks:
Service Level Agreement (SLA) is a contract from service providers to users that provides guarantees of expected service levels. 5 Results of independent third-party audits on data center providers (Service Organization Control/SOC). Backup and Recovery System 6 The Organizer submits operational continuity plan documents in the face of disruptions and disasters (Business Continuity Plan) including:
a. Parties involved in handling disruptions and disasters; b. Minimum systems and services provided during disasters such as call center services and backup ITSK Services;
c. Information regarding Recovery Point Objective (RPO);
d. Information regarding Recovery Time Objective (RTO); e. Information regarding Work Recovery Time; f. Information regarding Maximum Tolerable Downtime; g. Backup strategies to be executed (Synchronized/Full Back up/Incremental Back up/Differential Back up; and h. Plans and Implementation of Business Continuity Plan simulations, including Disaster Recovery Plan testing (Walkthrough test/table top test/partial test/full scale test) Security and Data Protection 7 The Organizer submits concepts, policies, and controls used for User system protection for ITSK Services ensuring confidentiality, integrity, and availability of data including at minimum:
a. People Control; b. Organization Control;
c. Technological Control; and
d. Physical Control.
8 The Organizer submits the scope, methods, and documents resulting from the implementation of Vulnerability Assessment (VA) and Penetration Testing (Pentest) conducted by third parties. Explanation:
a. Vulnerability Assessment (vulnerability assessment) is the process of identifying, measuring, and prioritizing (or ranking) vulnerabilities in a system; and b. Penetration Test is an activity where someone attempts to simulate attacks that could be conducted against the network of a specific organization/company to find weaknesses in the system network. This copy is consistent with the original Director of Legal Development Legal Department Aat Windradi Helpdesk and Monitoring 9 The Organizer submits information and documents related to helpdesk including at minimum:
a. Helpdesk mechanisms both online and offline; b. Helpdesk response time; and
c. Escalation procedures for User complaints
that have not been resolved.
Established in Jakarta on June 3, 2024
EXECUTIVE HEAD OF FINANCIAL SECTOR TECHNOLOGY INNOVATION SUPERVISOR, DIGITAL FINANCIAL ASSETS AND CRYPTO ASSETS FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA, HASAN FAWZI signed signed

APPENDIX II
OJK CIRCULAR
REPUBLIC OF INDONESIA
NUMBER 6/SEOJK.07/2024
ON
REGISTRATION OF FINANCIAL SECTOR TECHNOLOGY INNOVATION ORGANIZERS

A. FORMAT OF THE LETTER OF APPLICATION FOR CANCELLATION OF THE REGISTRATION CERTIFICATE AS AN ITSK ORGANIZER

The Head of the Department of Regulation and Licensing for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets

I, the undersigned:

Name : .....................................................................
Position : .....................................................................
Full Address : .....................................................................
City .....
Province .....
Postal Code .....
Company Name : .....................................................................
Company Address : .....................................................................
Company Website Address : .....................................................................

hereby apply for the cancellation of the registration certificate as a Financial Sector Technology Innovation Organizer.

Attached to this letter, we submit:
a. reasons for closure or cessation of business activities; b. evidence or plans for settling rights and obligations with partners, consumers, and other parties; and
c. a statement letter confirming the completion of all obligations as an ITSK Organizer.

This application letter is made, and for your attention, Sir/Madam*), we express our gratitude.

Sincerely,
Director/Manager
PT……………………
Stamp Duty
Rp.10,000,-
..............................................
*) strike out what is not necessary

B. APPLICATION FORM FOR CANCELLATION OF THE REGISTRATION CERTIFICATE AS AN ITSK ORGANIZER

Application Form for Cancellation of Registration Certificate ITSK Organizer

Organizer Name :
Letter of Application Number :
Date of Application Letter :
Brief Description of Organizer's Business Activities :
Contact Person (Name, Phone/email) :

No. DESCRIPTION INFORMATION
Yes No Notes
1 Letter of Application for Cancellation of Registration Certificate as an ITSK Organizer Signed by the Board of Directors and/or Board of Commissioners of the Organizer 2 Reasons for closure or cessation of business activities 3 Evidence or plans for settling rights and obligations with partners, consumers, and other parties 4 Statement letter from the ITSK Organizer that the ITSK Organizer has completed all obligations as an ITSK Organizer

We, the undersigned, hereby declare that:

the information above is in accordance with the actual situation and has been supplemented with supporting documents; and
documents submitted via electronic system or via electronic letter are true and identical to the original documents.

(filled with city name, date, month, and year) ITSK Organizer signature (Full Name)

For the Needs of the Financial Services Authority Note:

This copy is in accordance with the original
Director of Legal Development
Legal Department
Aat Windradi

C. FORMAT OF THE STATEMENT LETTER OF COMPLETION OF RIGHTS AND OBLIGATIONS

The Head of the Department of Regulation and Licensing for Financial Sector Technology Innovation, Digital Financial Assets and Crypto Assets

I, the undersigned:

hereby truly state that I have completed all rights and obligations to Users of Financial Sector Technology Innovation Services because I am unable to continue Financial Sector Technology Innovation activities.

This statement letter is made truthfully so that it may be used as appropriate.

Sincerely,
Director/Manager
PT……………………
Stamp Duty
Rp.10,000,-
..............................................

Established in Jakarta on 3 June 2024
EXECUTIVE HEAD OF SUPERVISOR FOR FINANCIAL SECTOR TECHNOLOGY INNOVATION, DIGITAL FINANCIAL ASSETS AND CRYPTO ASSETS FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA, HASAN FAWZI

signed signed

Lineage: No known changes