Regulatory Alerts2025-12-17
Added · Updated
OJK Regulation No. 37 of 2025 on Determination of Supervisory Status and Follow-up for Insurance Companies, Guarantee Institutions, and Pension Funds
This regulation establishes a three-tier supervisory status framework (normal, intensive, and special) for insurance companies, guarantee institutions, and pension funds based on composite rankings, corporate governance ratings, and specific quantitative parameters such as solvency, liquidity, and investment adequacy ratios. It mandates that entities placed under intensive or special supervision submit corrective action plans within 15 working days, which require approval from the Financial Services Authority and, where applicable, Sharia supervisory boards and shareholder meetings. The document defines strict criteria for entering, extending, or exiting these supervisory statuses, including specific thresholds for financial deterioration and provisions for temporary exemptions during mergers or capital increases.
More like this from OJK
OJK published 1 document in the last 30 days. We email you each new one the day it's published.