Regulatory Alerts2025-05-02
Added · Updated
OJK Regulation No. 12 of 2025 on the Implementation of Risk Management and Health Level Assessment of Investment Managers
This regulation mandates investment managers to implement effective risk management and maintain their health level by addressing market, liquidity, credit, concentration, operational, legal, compliance, reputational, strategic, and investment risks. It requires active oversight by the board of directors and board of commissioners, including specific duties such as establishing written risk policies, conducting annual reviews, and ensuring independent risk functions. Non-compliance with these obligations subjects parties to administrative sanctions imposed by the Financial Services Authority, ranging from written warnings and fines to business license revocation.
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