Procedures for the Use of Public Accountants and Public Accounting Firms in Financial Services Activities

To:

The Board of Directors of financial service institutions or legal entities;
and
Individual parties conducting activities in the financial services sector,
herein.

COPY
CIRCULAR LETTER OF THE FINANCIAL SERVICES AUTHORITY NUMBER 18/SEOJK.03/2023 CONCERNING PROCEDURES FOR THE USE OF PUBLIC ACCOUNTANTS AND PUBLIC ACCOUNTING FIRMS IN FINANCIAL SERVICES ACTIVITIES

In connection with the issuance of Financial Services Authority Regulation Number 9 of 2023 concerning the Use of Public Accountants and Public Accounting Firms in Financial Services Activities (State Gazette of the Republic of Indonesia Year 2023 Number 17/OJK, Supplement to the State Gazette of the Republic of Indonesia Number 42/OJK) which is hereinafter referred to as POJK AP and KAP, it is necessary to regulate implementation provisions regarding the procedures for the use of public accountants and public accounting firms in financial services activities in this Financial Services Authority Circular as follows:

I. GENERAL PROVISIONS

In this Financial Services Authority Circular, the following terms are defined as:
a. Party is a party conducting activities in the Banking, Capital Market, and/or Non-Bank Financial Industry (IKNB) sectors regulated and supervised by the Financial Services Authority, including financial service institutions and/or individuals or legal entities conducting activities in the financial services sector. b. Public Accountant, hereinafter abbreviated as AP, is an individual who has obtained a license to provide services in accordance with the Law concerning public accountants.
c. Public Accounting Firm, hereinafter abbreviated as KAP, is a business entity established in accordance with statutory regulations and obtaining a business license in accordance with the Law concerning public accountants.
d. Audit Committee is a committee formed by and responsible to the Board of Commissioners to assist in carrying out the duties and functions of the Board of Commissioners. e. Person Within KAP is:

persons included in the audit, review, other assurance, and/or non-assurance assignments, namely:
a) Partner; b) Leader; c) Professional staff; and/or d) Reviewer, who participate in the assignment;
persons included in the chain of execution or command, namely the KAP leader and all persons who:
a) supervise or have direct management responsibility for the audit; b) evaluate performance or recommend compensation for Partners in the audit assignment; or c) provide quality control or other oversight over the audit; and
any other Partner, leader, or other professional staff of the KAP and affiliates of the KAP who have provided audit, review, other assurance, and/or non-assurance services to the Party being audited or examined (client).
f. Key Employee is an individual who has the authority and responsibility to plan, lead, and control the business activities of the Party, including members of the Board of Commissioners, members of the Board of Directors, and executive officials of the company. g. Close Family Members are spouses, parents, children, and siblings. h. Continuing Professional Education, hereinafter abbreviated as PPL, is continuous professional education and/or training for APs aimed at maintaining competence.

In the interest of transparency of financial conditions and improvement of financial information quality, Parties use the services of APs and KAPs registered and recorded in the list of active APs and KAPs at the Financial Services Authority and possessing competence in accordance with the complexity of the Party's business as referred to in Article 2 paragraph (1) of POJK AP and KAP.
The Financial Services Authority conducts administrative management activities to provide a list of APs and KAPs that can be used by Parties.
The use of APs and KAPs as referred to in item 2 relates to reports that must be audited, examined, or other assignments by APs based on statutory regulations in the financial services sector or written instructions from the Financial Services Authority, as contained in Appendix I which is an integral part of this Financial Services Authority Circular.

II. AP AND/OR KAP APPOINTMENT AND THE ROLE OF THE AUDIT COMMITTEE

The appointment of APs and/or KAPs to provide audit services over annual historical financial information is decided by the General Meeting of Shareholders convened by the Party, considering proposals from the Board of Commissioners, Board of Supervisors, or parties performing supervisory functions as performed by the Board of Commissioners.
Proposals for the appointment of APs and/or KAPs submitted by the Board of Commissioners, Board of Supervisors, or parties performing supervisory functions as performed by the Board of Commissioners must take into account the recommendations of the Audit Committee. In formulating recommendations, the Audit Committee must consider:
a. the independence of the AP, KAP, and Persons Within KAP; b. the scope of the audit;
c. audit fees;
d. the expertise and experience of the AP, KAP, and the KAP audit team; e. the methodology, techniques, and audit tools used by the KAP; f. the benefits of a new perspective to be obtained through the replacement of the AP, KAP, and KAP audit team; g. the potential risks of using the same KAP's audit services consecutively for a sufficiently long period; and h. the results of evaluations regarding the provision of audit services over annual historical financial information by APs and KAPs in previous periods, if any.
The Audit Committee evaluates the provision of audit services over annual historical financial information by APs and/or KAPs, which must at least cover:
a. the conformity of the audit implementation by APs and/or KAPs with applicable audit standards; b. the adequacy of fieldwork time;
c. the assessment of the scope of services provided and the adequacy of sampling; and
d. improvement recommendations provided by APs and/or KAPs.
A KAP may be categorized as the same KAP in the event:
a. the KAP name has not changed and there has been no change in AP composition of more than 50% (fifty percent); or b. there is the establishment or name change of a KAP, but 50% (fifty percent) or more of the AP composition originates from the previous KAP.

III. RESTRICTIONS ON THE USE OF AUDIT SERVICES

Parties consisting of Commercial Banks, Issuers, and Public Companies
a. Parties consisting of commercial banks, issuers, and public companies limit the use of audit services over annual historical financial information from the same AP for a cumulative period of 7 (seven) years. b. The cumulative calculation of the restriction on the use of audit services over annual historical financial information from the same AP as referred to in letter a is accumulated since the fiscal year 2017.
c. Parties consisting of commercial banks, issuers, and public companies may only reuse audit services over annual historical financial information from the same AP after passing a cooling-off period in accordance with the type of AP role in the engagement, namely:

if the AP acts as the Engagement Partner, the cooling-off period is 5 (five) consecutive fiscal reporting years;
if the AP acts as the Engagement Quality Control Reviewer, the cooling-off period is 3 (three) consecutive fiscal reporting years; and
if the AP acts as other Engagement Audit Partners, the cooling-off period is 2 (two) consecutive fiscal reporting years.
d. In addition to considering letters a, b, and c, Parties consisting of commercial banks, issuers, and public companies ensure that the AP has met the restrictions on the use of audit services and cooling-off periods regulated in the Code of Ethics of the Public Accountant Professional Association and statutory regulations concerning public accountant practice.

Example of the calculation of restrictions on the use of audit services over annual historical financial information from the same AP for Parties consisting of commercial banks, issuers, and public companies is as follows:
PT Lembaga Pembiayaan “ABC” Tbk uses audit services over annual historical financial information from AP “L” and AP “N” from 2017 to 2025 as follows:

2017 2018 2019 2020 2021 2022 2023 2024 2025
AP “L” AP “L” AP “L” AP “N” AP “N” AP “L” AP “L” AP “L” AP “L”

In 2025, PT Lembaga Pembiayaan “ABC” Tbk has used audit services over annual historical financial information from AP “L” for 7 (seven) cumulative years. PT Lembaga Pembiayaan “ABC” Tbk may reuse audit services over annual historical financial information from AP “L” in:
a. 2031 if AP “L” acts as the Engagement Partner; b. 2029 if AP “L” acts as the Engagement Quality Control Reviewer; and
c. 2028 if AP “L” acts as other Engagement Audit Partners.

Example of the calculation of the cooling-off period for the use of audit services over annual historical financial information from the same AP with a combination of various roles in accordance with the Code of Ethics of the Public Accountant Professional Association is as follows:
a. If the AP acts as the Engagement Partner for 4 (four) years and other Engagement Audit Partners for 3 (three) years, the cooling-off period is 5 (five) consecutive years. b. If the AP acts as the Engagement Partner for 2 (two) years, the Engagement Quality Control Reviewer for 4 (four) years, and other Engagement Audit Partners for 1 (one) year, the cooling-off period is 3 (three) consecutive years.
c. If the AP acts as the Engagement Partner for 2 (two) years, the Engagement Quality Control Reviewer for 1 (one) year, and other Engagement Audit Partners for 4 (four) years, the cooling-off period is 2 (two) consecutive years.

Parties other than Commercial Banks, Issuers, and Public Companies
a. Parties other than commercial banks, issuers, and public companies limit the use of audit services over annual historical financial information from the same AP for a maximum period of 5 (five) consecutive fiscal reporting years. b. Parties other than commercial banks, issuers, and public companies may only reuse audit services over annual historical financial information from the same AP after passing a cooling-off period of 2 (two) consecutive fiscal reporting years.

Example of the calculation of restrictions on the use of audit services over annual historical financial information from the same AP for parties other than commercial banks, issuers, and public companies is as follows:
Bank Perekonomian Rakyat “ABC” uses audit services over annual historical financial information from AP “Y” from 2023 to 2027 as follows:

2022 2023 2024 2025 2026 2027
AP “X” AP “Y” AP “Y” AP “Y” AP “Y” AP “Y”

In 2027, Bank Perekonomian Rakyat “ABC” has used audit services over annual historical financial information from AP “Y” for 5 (five) consecutive fiscal reporting years. Bank Perekonomian Rakyat “ABC” may reuse audit services over annual historical financial information from AP “Y” in 2030.

In ensuring compliance with the restrictions on the use of audit services and cooling-off periods as referred to in items 1 and 2, the Party requests the KAP to conduct and provide the results of a self-assessment regarding compliance with the restrictions on the use of audit services over annual historical financial information and the cooling-off period.

IV. WORK AGREEMENT AND AUDIT SCOPE

Work Agreement between the Party and KAP
a. APs and/or KAPs conduct audits over annual historical financial information based on a work agreement between the Party and the KAP. b. Specifically for Parties that are banks, investment managers, insurance companies, reinsurance companies, pension funds, and financing institutions, the work agreement between the Party and the KAP must include specific audit scope.
Specific Audit Scope
a. Banking Sector

Specific audit scope for Conventional Commercial Banks (BUK) or Sharia Commercial Banks (BUS) must at least cover:
a) review of management assertions regarding:
(1) assessment and determination of productive asset quality and calculation of Asset Quality Impairment Provisions (PPKA) in accordance with Financial Services Authority Regulations concerning the assessment of asset quality of commercial banks or Sharia Commercial Banks and Sharia Business Units; (2) assessment of Foreclosed Assets (AYDA) in accordance with Financial Services Authority Regulations concerning the assessment of asset quality of commercial banks or Sharia Commercial Banks and Sharia Business Units; (3) details of violations of the Maximum Limit on Credit Provision (BMPK) or Maximum Limit on Fund Disbursement (BMPD) in accordance with Financial Services Authority Regulations concerning maximum limits on credit provision and large fund provision for commercial banks or Sharia Commercial Banks and Sharia Business Units, including the name of the debtor or customer, quality of fund provision or disbursement, percentage, and number of BMPK or BMPD violations; (4) details of exceeding BMPK or BMPD in accordance with Financial Services Authority Regulations concerning maximum limits on credit provision and large fund provision for commercial banks or Sharia Commercial Banks and Sharia Business Units, including the name of the debtor or customer, quality of fund provision or disbursement, percentage, and number of BMPK or BMPD exceedances; (5) the amount and quality of fund provision or disbursement to related parties in accordance with Financial Services Authority Regulations concerning maximum limits on credit provision and large fund provision for commercial banks or Sharia Commercial Banks and Sharia Business Units; (6) calculation of Risk-Weighted Assets (ATMR) in accordance with Financial Services Authority Regulations concerning minimum capital provision obligations for commercial banks or Sharia Commercial Banks, for each risk; (7) calculation of Minimum Capital Provision Obligations (KPMM) in accordance with Financial Services Authority Regulations concerning minimum capital provision obligations for commercial banks or Sharia Commercial Banks; and (8) Net Foreign Exchange Position ratio (PDN) in accordance with statutory regulations concerning the net foreign exchange position of commercial banks; b) review of management disclosures regarding the fairness of transactions with related parties and transactions conducted with special treatment; c) review of the fair value of spot transactions and derivative transactions for BUK or spot transactions and forward transactions for BUS and Sharia Business Units (UUS), and their disclosure; d) specifically for BUS and UUS, review of management calculations regarding:
(1) sources and disbursement of zakat and waqf funds, and sources and use of charitable funds; and (2) profit distribution; e) reliability of the financial reporting information system for BUK or BUS; f) other matters determined based on the results of communication between the Financial Services Authority and APs and/or KAPs as referred to in Article 34 of POJK AP and KAP; and g) other matters regulated in Financial Accounting Standards (SAK) and related accounting regulations issued by the Financial Services Authority, including the Banking Accounting Guide for Conventional Commercial Banks (BPAK) and the Indonesian Sharia Banking Accounting Guidelines (PAPSI), including notes to the financial statements.
Specific audit scope for People's Economic Banks (BPR) or Sharia People's Economic Banks (BPRS) must at least cover:
a) review of management assertions regarding:
(1) assessment of the classification of productive asset quality and adequacy of productive asset write-off provisions in accordance with Financial Services Authority Regulations concerning productive asset quality and formation of productive asset write-off provisions for people's economic banks or Sharia people's economic banks, as formed by BPR or BPRS; (2) assessment of BPR or BPRS Foreclosed Assets (AYDA) in accordance with Financial Services Authority Regulations concerning productive asset quality and formation of productive asset write-off provisions for people's economic banks or Sharia people's economic banks; (3) details of violations of BMPK or BMPD in accordance with Financial Services Authority Regulations concerning maximum limits on credit provision for people's economic banks and maximum limits on fund disbursement for Sharia people's economic banks, including the name of the customer, quality of fund provision or disbursement, percentage, and number of BMPK or BMPD violations; (4) details of exceeding BMPK or BMPD in accordance with Financial Services Authority Regulations concerning maximum limits on credit provision for people's economic banks and maximum limits on fund disbursement for Sharia people's economic banks, including the name of the customer, quality of fund provision or disbursement, percentage, and number of BMPK or BMPD exceedances; (5) the amount and quality of fund provision or disbursement to related parties in accordance with Financial Services Authority Regulations concerning maximum limits on credit provision for people's economic banks and maximum limits on fund disbursement for Sharia people's economic banks; and (6) calculation of KPMM and ATMR in accordance with Financial Services Authority Regulations concerning minimum capital provision obligations and minimum core capital fulfillment for people's economic banks or Sharia people's economic banks; b) review of management disclosures regarding the fairness of transactions with related parties and transactions conducted with special treatment; c) reliability of the financial reporting information system for BPR or BPRS; d) other matters determined based on the results of communication between the Financial Services Authority and APs and/or KAPs as referred to in Article 34 of POJK AP and KAP; and e) other matters regulated in applicable SAK and related accounting regulations issued by the Financial Services Authority, including the BPR Accounting Guide or BPRS Accounting Guide, including notes to the financial statements.
Specifically for banks conducting business activities based on Sharia principles, including Sharia business units, the specific audit scope also includes audit procedures involving communication with the Sharia Supervisory Board before issuing the audit report on the bank's financial statements for:
a) obtaining audit evidence in the form of opinions from the Sharia Supervisory Board regarding the bank's compliance with the implementation of Sharia principles; and b) obtaining information from the Sharia Supervisory Board regarding advice and suggestions provided to the Board of Directors.

b. Capital Market Sector

Specific audit scope for investment managers must at least cover:
a) review of management assertions regarding the going concern of the investment manager; b) review of management disclosures regarding transactions with related parties; c) understanding of transactions involving conflicts of interest conducted by the investment manager in managing funds and considering their impact on financial statements; d) other material information, whether qualitative or quantitative, that has the potential to impact the condition of the investment manager; and e) other matters determined based on the results of communication between the Financial Services Authority and KAPs as referred to in Article 34 of POJK AP and KAP.
Specifically for Sharia investment managers, the specific audit scope also includes audit procedures involving communication with the Sharia Supervisory Board before issuing the audit report on the Sharia investment manager's financial statements for:
a) obtaining audit evidence in the form of opinions from the Sharia Supervisory Board regarding the Sharia investment manager's compliance with the implementation of Sharia principles; and b) obtaining information from the Sharia Supervisory Board regarding advice and suggestions provided to the Board of Directors.

c. IKNB Sector

Insurance Companies and Reinsurance Companies
a) Specific audit scope for insurance companies and reinsurance companies, including insurance companies and reinsurance companies with Sharia principles, must at least cover:
(1) determination of sample size through the application of a statistical-based formula or through professional consideration considering risk, product type, and policyholder segments of the insurance company and/or reinsurance company; (2) review of management assertions regarding:
(a) the fairness of the assessment of Permitted Assets (AYD) and the conformity of the assessment of AYD with Financial Services Authority Regulations concerning the financial health level of insurance and reinsurance companies, Financial Services Authority Regulations concerning the financial health level of insurance and reinsurance companies with Sharia principles, and statutory regulations concerning the management procedures for premiums and reporting of old-age savings programs, work accident insurance, and death insurance for soldiers of the Indonesian National Armed Forces, members of the Indonesian National Police, and civil servants in the environment of the Ministry of Defense and the Indonesian National Police; (b) the fairness of the assessment of all company liabilities including technical reserves or technical provisions and the calculation of technical reserves or technical provisions in accordance with the type of insurance product in accordance with Financial Services Authority Regulations concerning the financial health level of insurance and reinsurance companies and Financial Services Authority Regulations concerning the financial health level of insurance and reinsurance companies with Sharia principles; (c) the fairness of the assessment of Risk-Based Minimum Capital (MMBR) in accordance with

Procedures for the Use of Public Accountants and Public Accounting Firms in Financial Services Activities

(d) the fairness of transactions with related parties and investment recipients in accordance with the Financial Services Authority Regulation on the financial health level of insurance companies and reinsurance companies and the Financial Services Authority Regulation on the financial health level of insurance companies and reinsurance companies with Sharia principles;

(3) the reliability of the financial reporting information system of insurance companies and reinsurance companies;

(4) other matters determined based on the results of communication between the Financial Services Authority and the AP and/or KAP as referred to in Article 34 of the POJK on AP and KAP; and

(5) other matters regulated in the Financial Accounting Standards (SAK) and related accounting regulations issued by the Financial Services Authority.

Pension Funds
a) The scope of specific audits for pension funds, including pension funds with Sharia principles, must at least include:

(1) determining the sample size through the application of a statistical-based formula or through professional consideration considering risks and types of investments;

(2) review of management assertions regarding:

(a) classification and valuation of investment assets in accordance with the Financial Services Authority Regulation on pension fund investments;

(b) the amount of investments in affiliated parties in accordance with the Financial Services Authority Regulation on pension fund investments;

(c) testing of investment limits per party and per type of investment in accordance with the Financial Services Authority Regulation on pension fund investments;

(d) the accuracy of pension benefit payments in accordance with the Law on the Development and Strengthening of the Financial Sector;

(e) the accuracy of the allocation of development results to each participant for pension funds with defined contribution programs in accordance with the Financial Services Authority Regulation on contributions, pension benefits, and other benefits administered by pension funds;

(f) the assessment of the age of contribution receivables based on maturity and the calculation of returns or sanctions in the form of fines in accordance with the Law on the Development and Strengthening of the Financial Sector;

(g) the separation of recording between pension benefits and other benefits in the event that pension funds administer or provide other benefits in accordance with the Financial Services Authority Regulation on contributions, pension benefits, and other benefits administered by pension funds; and

(h) the separation of recording of pension program assets and liabilities from other benefit assets and liabilities in the event that pension funds provide other benefits as an addition to pension programs in accordance with the Law on the Development and Strengthening of the Financial Sector;

review of management disclosures regarding the fairness of transactions with affiliated parties or transactions conducted with special treatment;
review of the calculation and distribution of ta’zir funds for Sharia pension funds and pension funds with Sharia business units in accordance with the Financial Services Authority Regulation on the administration of pension programs based on Sharia principles;
other matters determined based on the results of communication between the Financial Services Authority and the AP and/or KAP as referred to in Article 34 of the POJK on AP and KAP; and
other matters regulated in the applicable Financial Accounting Standards (SAK) and investment valuation in accordance with Financial Services Authority regulations on the basis of pension fund investment valuation, form and structure, and procedures for submitting annual investment reports.
Financing Institutions
The scope of specific audits for financing institutions, including financing institutions with Sharia principles, must at least include:

a) determining the sample size through the application of a statistical-based formula or through professional consideration considering risks, product types, and debtor segments of financing companies, venture capital companies, and infrastructure financing companies;

b) review of management assertions regarding:

(1) valuation and determination of:

(a) the quality of financing receivables or the quality of productive assets; and

(b) the calculation of provisions for write-off of financing receivables or provisions for write-off of productive assets,

in accordance with the Financial Services Authority Regulation on the administration of financing company business, the Financial Services Authority Regulation on the administration of Sharia financing company business and Sharia business units of financing companies, the Financial Services Authority Regulation on the administration of venture capital company business, and the Financial Services Authority Regulation on infrastructure financing companies;

(2) the amount and quality of funding provided to related parties in accordance with the Financial Services Authority Regulation on the administration of financing company business, the Financial Services Authority Regulation on the administration of Sharia financing company business and Sharia business units of financing companies, the Financial Services Authority Regulation on the administration of venture capital company business, and the Financial Services Authority Regulation on infrastructure financing companies;

(3) Calculation of ratios for:

(a) financing institutions administering financing company business in accordance with the Financial Services Authority Regulation on the administration of financing company business, including the net non-performing financing ratio and the capital adequacy ratio;

(b) financing institutions administering Sharia financing company business and Sharia business units in accordance with the Financial Services Authority Regulation on the administration of Sharia financing company business and Sharia business units of financing companies, including the net non-performing productive asset ratio and the capital adequacy ratio;

(c) financing institutions administering infrastructure financing company business in accordance with the Financial Services Authority Regulation on infrastructure financing companies, including the net non-performing financing ratio and the capital adequacy ratio;

c) review of management disclosures regarding the fairness of transactions with related parties or transactions conducted with special treatment;

d) other matters determined based on the results of communication between the Financial Services Authority and the AP and/or KAP as referred to in Article 34 of the POJK on AP and KAP; and

e) other matters regulated in the Financial Accounting Standards (SAK) and related accounting regulations issued by the Financial Services Authority.

Specifically for insurance companies, reinsurance companies, pension funds, and financing institutions conducting business activities based on Sharia principles, including Sharia business units, the scope of specific audits also includes audit procedures involving communication with the Sharia Supervisory Board before issuing audit reports on the financial statements of insurance companies, reinsurance companies, pension funds, and financing institutions for:

a) obtaining audit evidence in the form of opinions from the Sharia Supervisory Board regarding the compliance of insurance companies, reinsurance companies, pension funds, and financing institutions with the implementation of Sharia principles; and

b) obtaining information from the Sharia Supervisory Board regarding advice and suggestions provided to the Board of Directors.

V. SUBMISSION OF REPORTS FROM PARTIES TO THE FINANCIAL SERVICES AUTHORITY

Parties submit periodic annual reports to the Financial Services Authority regarding:

a. the appointment of APs and KAPs for audits of annual historical financial information; and

b. the realization of the use of AP and KAP services,

electronically through the Financial Services Authority's reporting system.

The report on the appointment of APs and KAPs as referred to in item 1 letter a is prepared with reference to Form 1 as stated in Appendix II, which is an integral part of this Circular Letter of the Financial Services Authority.
The report on the appointment of APs and KAPs must be submitted no later than 10 (ten) working days after the work agreement between the Party and the KAP is signed, attaching:

a. documents appointing APs and KAPs, including minutes of the General Meeting of Shareholders and work agreements between the Party and the KAP;

b. Audit Committee recommendations and considerations used in providing recommendations; and

c. self-assessment results regarding the fulfillment of restrictions on the use of audit services and cooling-off periods received from the KAP.

The report on the realization of the use of AP and KAP services as referred to in item 1 letter b must be submitted to the Financial Services Authority no later than 6 (six) months after the fiscal year ends, covering:

a. the Audit Committee's evaluation results regarding the implementation of audit services for annual historical financial information; and

b. information on KAP service usage transactions.

The Audit Committee's evaluation results regarding the implementation of audit services for annual historical financial information as referred to in item 4 letter a are the results of the Audit Committee's evaluation of the implementation of audit services for annual historical financial information by APs and KAPs for the previous fiscal year. For example, Bank “DEF” uses audit services for annual historical financial information from AP “G” and KAP “H” for the 2023 fiscal year ending in December 2023. Bank “DEF” reports the Audit Committee's evaluation results of audit services for historical financial information from AP “G” and KAP “H” no later than June 30, 2024. In the event that the report submission deadline falls on a Saturday, Sunday, and/or other holidays, Bank “DEF” submits the report no later than the next working day.
The report on the realization of the use of AP and KAP services as referred to in item 1 letter b is prepared with reference to Form 2 as stated in Appendix II, which is an integral part of this Circular Letter of the Financial Services Authority.
Parties prepare and submit corrections for errors in information in reports as referred to in item 1 letters a and b electronically through the Financial Services Authority's reporting system. Corrections to reports submitted by Parties to the Financial Services Authority can be made by considering the results of communication between the Party and the Financial Services Authority.
The procedures for submitting reports and/or report corrections electronically through the Financial Services Authority's reporting system as referred to in items 1 and 7 are carried out for:

a. Parties other than issuers and public companies via a website with the address https://apolo.ojk.go.id; and

b. Parties that are issuers and public companies via a website with the address https://spe.ojk.go.id.

In the event that Parties conduct activities in more than 1 (one) financial services sector, reports and/or report corrections are submitted in accordance with the type of financial services sector institution.

For example, PT Insurance “ABC” Tbk conducts activities in the IKNB and Capital Market sectors, so PT Insurance “ABC” Tbk submits reports and/or report corrections via a website with the address https://apolo.ojk.go.id because PT Insurance “ABC” Tbk has an institutional structure in the form of an insurance company.

In the event that the Financial Services Authority's reporting system via a website with the address https://apolo.ojk.go.id as referred to in item 8 letter a is not yet available, Parties submit reports and/or report corrections as referred to in item 1 letters a and b in accordance with the procedures for submitting reports and/or report corrections before this Circular Letter of the Financial Services Authority takes effect, for example:

a. for banks, submitting reports and/or report corrections via a website with the address https://sipenaojk.ojk.go.id or other addresses designated by the Financial Services Authority for commercial banks or offline for Rural Banks (BPR) and Sharia Rural Banks (BPRS);

b. for Parties in the Capital Market sector:

for Parties that are securities brokers and underwriters, submitting reports and/or report corrections via a website with the address https://ojk.go.id/ereporting or other addresses designated by the Financial Services Authority;
for Parties that are investment managers, submitting reports and/or report corrections via a website with the address https://aria.ojk.go.id or other addresses designated by the Financial Services Authority;

c. for Parties in the IKNB sector, submitting reports and/or report corrections via a website with the address https://ojk.go.id/ereporting, other addresses designated by the Financial Services Authority, or offline, until the Financial Services Authority's reporting system via a website with the address https://apolo.ojk.go.id is available.

In the event that the Financial Services Authority's reporting system as referred to in items 8 and 9 cannot yet be used for electronic report submission, Parties submit reports and/or report corrections as referred to in item 1 letters a and b offline to the supervisory work units at the Financial Services Authority in accordance with the type of financial services sector institution, for:

a. banks, with addresses:

the relevant Bank Supervision Department for banks headquartered or branch offices of banks located abroad within the Special Capital Region of Jakarta Province; or
the Regional Office of the Financial Services Authority or the local Financial Services Authority Office in accordance with the area where the bank's headquarters is located;

b. Parties in the Capital Market sector, addressed to the relevant Capital Market Supervision Department; and

c. Parties in the IKNB sector, addressed to the relevant IKNB Supervision Department.

For example, PT Bank “ABC” Tbk, headquartered in the Special Capital Region of Jakarta Province, submits reports to the relevant Bank Supervision Department because PT Bank “ABC” Tbk has an institutional structure in the form of a bank.

Parties appoint reporting responsible officers on the Financial Services Authority's reporting system via a website with the address https://apolo.ojk.go.id as administrator responsible officers who have the authority to appoint reporting implementation officers with access rights to create, modify, or delete user IDs of reporting implementation officers as responsible officers on the Financial Services Authority's reporting system.
Reporting responsible officers and reporting implementation officers have access rights to submit reports through the Financial Services Authority's reporting system.

VI. PROFESSIONAL EDUCATION PROGRAM AND CONTINUING PROFESSIONAL LEARNING (PPL)

APs must have competence and knowledge in the field of financial services and industries using AP services, fulfilled through professional education programs and PPL administered by institutions recognized by the Financial Services Authority.
Professional Education Programs
a. Professional education programs are educational programs for APs to enhance competence and knowledge in the field of financial services and industries using AP services.

b. The material covered in professional education programs must be at least 20 (twenty) professional credit units for each financial services sector, including:

general knowledge regarding the functions, duties, and authorities of the Financial Services Authority;
knowledge of Financial Services Authority Regulations related to APs, KAPs, accounting, auditing, and services that can be provided to Parties;
knowledge of Financial Services Authority Regulations regarding the obligations of Parties that must be disclosed in financial statements; and
knowledge of Sharia principles, at least covering Sharia principles in the business activities of Parties and Sharia financial accounting standards.

For example, APs applying for registration with the Financial Services Authority in the Capital Market and IKNB sectors must fulfill professional education program activities of at least 40 (forty) professional credit units, namely at least 20 (twenty) professional credit units for the Capital Market sector and at least 20 (twenty) professional credit units for the IKNB sector.

PPL
a. The material covered in PPL includes knowledge of current financial services sector regulations and knowledge of Sharia principles of at least 5 (five) professional continuing education credit units per year for each financial services sector.

For example, APs registered with the Financial Services Authority in the Banking and Capital Market sectors must fulfill PPL activities of at least 10 (ten) professional continuing education credit units every year, namely at least 5 (five) professional continuing education credit units for the Banking sector and at least 5 (five) professional continuing education credit units for the Capital Market sector.

b. APs registered with the Financial Services Authority follow PPL starting in the year following the year the AP obtains the Registered Letter (STTD) from the Financial Services Authority with the number of professional continuing education credit units as referred to in letter a.

c. For APs registered with the Financial Services Authority in the Banking sector who, based on the POJK on AP and KAP, do not yet have Sharia accounting knowledge certificates, may follow PPL covering Sharia material until December 31, 2023, to fulfill transition requirements regarding Sharia accounting certification as regulated in Article 23 of the POJK on AP and KAP.

Administration of Professional Education and PPL Programs
a. Professional education and PPL program activities are administered by institutions recognized by the Financial Services Authority, including the Public Accountant Association designated by the Minister.

b. Institutions as referred to in letter a and the Financial Services Authority coordinate in:

determining the material and number of professional credits or professional continuing education credits from professional education and PPL programs; and
submitting recapitulation data of participants in professional education and PPL programs to the Financial Services Authority.

VII. ADMINISTRATION MANAGEMENT OF APs AND KAPs

Activities in the administration of registered APs and KAPs at the Financial Services Authority include registration activities, adding and reducing the scope of service provision in financial services sectors, reactivation, and resignation.

a. Registration of APs and/or KAPs
Registration applications for APs and/or KAPs must be submitted to the Financial Services Authority as follows:

APs submit registration application letters to the Financial Services Authority specifying 1 (one) or more financial services sector options with reference to Form 3.1 as stated in Appendix II, which is an integral part of this Circular Letter of the Financial Services Authority, accompanied by scanned documents at minimum:

a) valid permits from the Minister;

b) the latest resume signed on sufficient stamp paper. The resume includes educational background and work experience as an auditor, completed with explanations of assignments received in the last 3 (three) years at the KAP, as well as information on the names of audited companies, assignment years, and types of assignments;

c) Identity Card (KTP);

d) recent color passport photos sized 4x6 cm;

e) Taxpayer Identification Number (NPWP);

f) professional education program certificates in accordance with the chosen financial services sector obtained within the last 2 (two) years;

g) notarized cooperation agreements regarding APs as Partners in partnerships or permits as sole proprietorship KAPs registered with the Financial Services Authority;

h) AP statements signed on sufficient stamp paper with reference to Form 3.2 as stated in Appendix II, which is an integral part of this Circular Letter of the Financial Services Authority, stating that the AP:

(1) has never been subject to administrative sanctions in the form of cancellation of the STTD by the Financial Services Authority or previous authorities;

(2) is not listed in the list of credits and/or non-performing financing;

(3) is not included as a party prohibited from becoming a main party in accordance with the Financial Services Authority Regulation on the reassessment of main parties of financial services institutions; and

(4) does not hold dual positions, namely:

(a) does not work at other KAPs or other supporting professions in financial services registered with the Financial Services Authority; and/or

(b) does not work at client companies or client business groups with reports to be consolidated;

i) other requirement documents requested by the Financial Services Authority when necessary. For example, proof of registration payment, settlement letters from financial institutions if APs are listed in the credits or non-performing financing list, resignation letters from positions so that there are no dual positions, and proof that APs have registered as reporting parties in the application system for the implementation of anti-money laundering and counter-terrorism financing programs administered by the Center for Reporting and Analysis of Financial Transactions.

KAPs submit registration application letters to the Financial Services Authority with reference to Form 3.3 as stated in Appendix II, which is an integral part of this Circular Letter of the Financial Services Authority, accompanied by scanned documents at minimum:

a) valid business permits from the Minister;

b. the establishment deed of the KAP along with the latest amendments;

c) Taxpayer Identification Number (NPWP);

d) approval letters from the Minister regarding the inclusion of foreign public accountant office names or foreign audit organizations, if the KAP cooperates with foreign public accountant offices or foreign audit organizations;

e) cooperation agreements between KAPs and foreign public accountant offices or foreign audit organizations, for KAPs that cooperate with foreign public accountant offices or foreign audit organizations, at least covering quality review obligations and training from foreign public accountant offices or foreign audit organizations to KAPs;

f) KAP statements signed on sufficient stamp paper by the KAP leader with reference to Form 3.4 as stated in

in Appendix II which is an integral part of this Financial Services Authority Circular, stating that the Public Accounting Firm (KAP):
(1) has never been subject to administrative sanctions in the form of revocation of the STTD by the Financial Services Authority or previous authorities; (2) is not listed in the list of non-performing credits and/or financing; and (3) is not currently cooperating with foreign public accounting offices or foreign audit organizations that are undergoing sanctions in the form of cooperation restrictions with the Public Accounting Firm by the Financial Services Authority; g) other requirement documents requested by the Financial Services Authority when necessary. b. Addition and/or Reduction of Service Scope Provision by AP in Financial Services Sector

Addition of Service Scope
a) AP registered with the Financial Services Authority may submit a request for approval to add the service scope in other financial services sectors at the Financial Services Authority. For example, AP “A” is already registered with the Financial Services Authority in the Capital Market sector; AP “A” may submit a request for approval to add the service scope in the Banking sector and/or the Islamic Financial Business (IKNB) sector. b) AP submitting a request for approval to add the service scope in other financial services sectors at the Financial Services Authority must have competence and knowledge in the requested financial services sector. c) AP submits a request letter for approval to add the service scope specifying the chosen financial services sector to the Financial Services Authority, referring to Form 4.1 as stated in Appendix II which is an integral part of this Financial Services Authority Circular, accompanied by scanned documents at minimum:
(1) certificate of professional education program according to the chosen financial services sector obtained within the last 2 (two) years; and (2) other requirement documents requested by the Financial Services Authority when necessary.
Reduction of Service Scope
a) AP registered with the Financial Services Authority may submit a request for approval to reduce the service scope in financial services sectors at the Financial Services Authority. For example, AP “B” is already registered with the Financial Services Authority in the Capital Market and IKNB sectors; AP “B” may submit a request for approval to reduce the service scope in the Capital Market sector. b) AP submits a request letter for approval to reduce the service scope to the Financial Services Authority, referring to Form 4.3 as stated in Appendix II which is an integral part of this Financial Services Authority Circular, accompanied by scanned documents at minimum:
(1) cover letter from the Public Accounting Firm for AP under the relevant Public Accounting Firm regarding the request for approval to reduce the service scope, referring to Form 4.2 as stated in Appendix II which is an integral part of this Financial Services Authority Circular. (2) AP’s statement letter regarding the reduction of service scope, referring to Form 4.4 as stated in Appendix II which is an integral part of this Financial Services Authority Circular; and (3) other requirement documents requested by the Financial Services Authority when necessary. For example, proof of fulfillment of annual AP fees according to the provisions of legislation regarding levies by the Financial Services Authority up to the submission of the request for approval to reduce the service scope.
c. Reactivation for AP and/or KAP
In the event that AP and/or KAP recorded in the list of AP and KAP that are temporarily inactive for a certain period as regulated in Article 28 of POJK AP and KAP intend to become active again and recorded in the list of active AP and KAP at the Financial Services Authority, the relevant AP and/or KAP submits a request for reactivation to the Financial Services Authority.
AP submits a request letter for reactivation from the list of temporarily inactive AP to the Financial Services Authority, referring to Form 5.1 as stated in Appendix II which is an integral part of this Financial Services Authority Circular, accompanied by scanned documents at minimum:
a) proof of participation in Professional Continuing Education (PPL) according to the number of professional continuing education credit units that must be fulfilled every year; and b) other requirement documents requested by the Financial Services Authority when necessary. Example calculation of the number of professional continuing education credit units for fulfilling PPL:
AP registered in the Banking sector and Capital Market sector is recorded in the list of temporarily inactive AP since January 1, 2024 until December 31, 2026 or for 3 (three) years, so the PPL obligation to be fulfilled is 15 (fifteen) professional continuing education credit units each for the Banking sector and Capital Market sector. Thus, the PPL obligation to be fulfilled by the relevant AP at the Financial Services Authority amounts to 30 (thirty) professional continuing education credit units. PPL implementation can be done in 2 (two) ways:
a) PPL per year, each amounting to 5 (five) professional continuing education credit units for each financial services sector conducted in 2024, 2025, and 2026; or b) PPL cumulatively, each amounting to 15 (fifteen) professional continuing education credit units for each financial services sector conducted between January 1, 2025 and December 31, 2026.
KAP submits a request letter for reactivation from the list of temporarily inactive KAP to the Financial Services Authority, referring to Form 5.2 as stated in Appendix II which is an integral part of this Financial Services Authority Circular, accompanied by scanned documents of other requirements requested by the Financial Services Authority when necessary.
d. Resignation of AP and/or KAP
AP and/or KAP may submit a request for resignation as AP and/or KAP registered with the Financial Services Authority.
AP and/or KAP that have obtained approval for the resignation request from the Minister do not need to submit a request for resignation as AP and KAP registered with the Financial Services Authority as referred to in number 1).
AP submits a request letter for resignation accompanied by the reason for resignation to the Financial Services Authority, referring to Form 6.1 as stated in Appendix II which is an integral part of this Financial Services Authority Circular, accompanied by scanned documents at minimum:
a) Public Accounting Firm’s letter of explanation regarding the resignation of AP for AP who is a Partner of the Public Accounting Firm, referring to Form 6.2 as stated in Appendix II which is an integral part of this Financial Services Authority Circular; b) AP’s statement letter regarding resignation, referring to Form 6.3 as stated in Appendix II which is an integral part of this Financial Services Authority Circular; and c) other requirement documents requested by the Financial Services Authority when necessary. For example, proof of payment of AP fees according to the provisions of legislation regarding levies by the Financial Services Authority.
KAP submits a request letter for resignation accompanied by the reason for resignation to the Financial Services Authority, referring to Form 6.4 as stated in Appendix II which is an integral part of this Financial Services Authority Circular, accompanied by scanned documents at minimum:
a) Public Accounting Firm’s statement letter regarding resignation, referring to Form 6.5 as stated in Appendix II which is an integral part of this Financial Services Authority Circular; and b) other requirement documents requested by the Financial Services Authority, including proof of payment of KAP fees according to the provisions of legislation regarding levies by the Financial Services Authority and the report of KAP’s service provision activities to Parties, referring to Form 7 as stated in Appendix II which is an integral part of this Financial Services Authority Circular. For example: KAP resigns on June 30, 2025; KAP attaches documents in the form of a report of KAP’s service provision activities to Parties for the period April 1, 2025 to June 30, 2025.

AP and/or KAP submits:
a. request for AP and/or KAP registration as referred to in number 1 letter a; b. request for approval of addition and reduction of AP’s service scope in financial services sectors as referred to in number 1 letter b;
c. request for reactivation for AP and/or KAP as referred to in number 1 letter c; and
d. request for resignation of AP and/or KAP as referred to in number 1 letter d, electronically through the Financial Services Authority’s integrated licensing and registration system.
In the event that the Financial Services Authority’s integrated licensing and registration system cannot yet be used for electronic submission of requests as referred to in number 2, AP and/or KAP submits the aforementioned requests offline to the Financial Services Authority addressed to the Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision.
VIII. PUBLICATION OF AP AND KAP LISTS ON THE FINANCIAL SERVICES AUTHORITY
Information on AP and/or KAP that have been granted STTD is presented in the AP and KAP list published on the Financial Services Authority’s website.
The AP and KAP list published on the Financial Services Authority’s website includes:
a. Active AP and KAP; b. Temporarily inactive AP and KAP; and
c. Permanently inactive AP and KAP,
for each financial services sector, namely the Banking sector, Capital Market sector, and Islamic Financial Business (IKNB) sector.
The AP and KAP list as referred to in number 2 is published at most 5 (five) working days after the STTD is issued or declared invalid.
Parties appoint AP according to the financial services sector. For example:
a. PT Bank “ABC” Tbk appoints AP from the list of active AP and KAP and is at least registered in the Banking sector and Capital Market sector. b. PT Securities Company “DEF” appoints AP from the list of active AP and KAP and is at least registered in the Capital Market sector.
c. PT Insurance “JKL” Tbk appoints AP from the list of active AP and KAP and is at least registered in the IKNB sector and Capital Market sector.
IX. INDEPENDENCE OF AP AND KAP TOWARDS PARTIES
AP, KAP, and Persons Within KAP in providing services to Parties must meet independent conditions during the Audit Period and Professional Assignment Period. AP, KAP, or Persons Within KAP meet independent conditions if, in providing such services, there are no conditions:
direct or indirect material financial interests in Parties receiving audit, examination, or other assignment services (clients), such as:
a. having investments in clients; and/or b. having other financial interests in clients that may cause conflicts of interest;
employment relationships with clients, such as:
a. serving as Key Employees on clients; b. having Close Family Members working on clients as Key Employees in accounting or finance fields;
c. having former Partners and/or professional employees of KAP working on clients as Key Employees in accounting or finance fields, except after more than 2 (two) years no longer working for the relevant KAP;
d. having Partners and/or professional employees of KAP who previously worked on clients as Key Employees in accounting or finance fields and were involved in providing services to Parties, except after more than 2 (two) years no longer working for the relevant clients; and/or e. holding positions in client companies or client business groups whose reports will be consolidated;
direct or indirect material business relationships with clients, or with Key Employees working on clients, or with major shareholders of clients. Business relationships are not included in the event that AP, KAP, or Persons Within KAP provide audit, review, other assurance, and/or non-assurance services to clients, or are consumers of client goods or products in supporting routine activities;
providing non-assurance services that may cause conflicts of interest and threats to independence to clients during the same Audit Period and Professional Assignment Period:
a. non-assurance services that pose threats to independence include:

bookkeeping and accounting services or other services related to clients’ accounting records or financial reports;
valuation services that may affect accounting records or financial reports that will be given opinions by KAP;
tax services such as:
a) providing tax services or recommendations regarding a transaction if the services and/or transactions are related to marketing, planning, or providing opinions supporting tax avoidance; b) calculating taxes for the purpose of making accounting journals; c) representing clients before tax courts; d) providing tax planning services and tax consulting services if:
(1) the effectiveness of advice depends on specific accounting treatments or presentations in financial reports; and (2) the audit team doubts the accuracy of accounting treatments or presentations based on the financial reporting conceptual framework;
internal audit services such as:
a) services related to internal controls over financial reports, accounting systems that generate financial information to be audited, and amounts or disclosures related to financial reports to be audited; b) services taking over management responsibilities such as setting internal audit policies or deciding recommendations resulting from internal audit activities to be implemented;
information technology system services that form part of internal controls over financial reporting and/or generate information regarding clients’ accounting records or financial reports that will be given opinions by KAP;
litigation support services such as:
a) providing advice regarding legal processes with the risk that the results of such services affect figures in financial reports that will be given opinions by KAP; b) acting for audit clients as experts in a matter unless appointed by a court;
legal services such as:
a) acting as clients’ legal advisors; b) acting in an advocacy role to resolve client disputes or litigation in courts;
recruitment services if such services relate to director, commissioner, executive officer, or senior management positions that in their positions can significantly influence the preparation of clients’ accounting records or financial reports that will be given opinions by KAP;
corporate finance services such as:
a) conducting promotions, transactions, underwriting, or providing investment advice on shares, debts, or other financial instruments issued by audit clients; b) providing advice regarding corporate finance services if:
(1) the effectiveness of such advice depends on specific accounting treatments or presentations in financial reports that will be given opinions by KAP; and (2) the audit team doubts the accuracy of accounting treatments or presentations based on the financial reporting conceptual framework;
services taking over management responsibilities;
other services that may affect accounting records or financial reports that will be given opinions by KAP;
b. non-assurance services that can be conducted without posing threats to independence include:
administrative services that are clerical and require little or no professional consideration such as:
a) typing financial reports as long as AP, KAP, and Persons Within KAP do not take over management responsibilities over clients’ financial reports; b) submitting clients’ figures or financial reports to client groups or authorities after the audit process is complete;
tax services in the form of preparing annual tax returns as long as the tax calculation has been completed by clients;
information technology system services such as:
a) designing or implementing information technology systems not related to internal controls over financial reporting and not generating information that is part of accounting records or financial reports; b) implementing software customized to clients’ needs and produced by parties other than AP, KAP, and Persons Within KAP as long as such adjustments are not significant, as long as AP, KAP, and Persons Within KAP do not take over management responsibilities;
recruitment services such as:
a) reviewing the professional qualifications of a number of candidates and providing advice on the suitability of candidates for such positions; b) interviewing candidates and providing advice on candidates’ competencies regarding financial accounting, administrative positions, or control positions, as long as AP, KAP, or Persons Within KAP do not take over management responsibilities. In providing non-assurance services, AP, KAP, or Persons Within KAP refer to the code of ethics of public accounting associations, this Financial Services Authority Circular, and legislation provisions regarding the independence of AP and KAP;

providing services or products to clients based on contingent fees or commissions, or receiving contingent fees or commissions from clients, except contingent fees established by courts as the result of legal settlements, regulatory body findings, and/or taxation. Contingent fees refer to fees established for the performance of professional services that will only be charged if there are specific findings or results, where the fee amount depends on such specific findings or results;
having legal disputes with clients; and/or
other matters that may cause conflicts of interest.
X. SUBMISSION OF REPORTS FROM AP AND KAP TO THE FINANCIAL SERVICES AUTHORITY
AP and/or KAP registered and recorded in the list of active AP and KAP at the Financial Services Authority submit annual periodic reports in the form of KAP’s service provision activities reports to Parties and incidental reports to the Financial Services Authority completely and correctly.
KAP’s Service Provision Activities Report to Parties
a. KAP’s service provision activities report to Parties is submitted annually at the latest by April 15 electronically through the Financial Services Authority’s reporting system, referring to Form 7 as stated in Appendix II which is an integral part of this Financial Services Authority Circular. b. Service provision activities reported include services provided by AP and/or KAP to Parties within a 1 (one) year period, namely from April 1 to March 31 of the following year, or from registration with the Financial Services Authority until March 31 of the following year if registered for less than 1 (one) year.
c. KAP prepares and submits corrections for errors in information in KAP’s service provision activities report to Parties electronically through the Financial Services Authority’s reporting system. Corrections to reports submitted by KAP to the Financial Services Authority can be done by considering the results of communication between KAP and the Financial Services Authority.
d. Reports and/or corrections to KAP’s service provision activities reports to Parties are submitted electronically as referred to in letter a through the website at https://apolo.ojk.go.id or other addresses designated by the Financial Services Authority. e. KAP submits reports and/or corrections to KAP’s service provision activities reports to Parties, referring to the format and filling guidelines in this Financial Services Authority Circular for the first time for the data period April 1, 2023 to March 31, 2024. f. In the event that the Financial Services Authority’s reporting system cannot yet be used for the submission of reports and/or corrections, KAP submits reports and/or corrections offline to the Financial Services Authority addressed to the Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision. g. KAP appoints reporting responsible officials in the Financial Services Authority’s reporting system as administrator responsible officers who have the authority to appoint reporting implementation officers with access rights to create, modify, or delete user IDs from reporting implementation officers as responsible officers in the Financial Services Authority’s reporting system. h. Reporting responsible officials and reporting implementation officers have access rights to submit reports through the Financial Services Authority’s reporting system.
AP Incidental Reports
a. AP submits incidental reports in the event of information regarding:

significant violations of legislation provisions by Parties;
significant weaknesses in the control processes for the preparation and presentation of Parties’ financial reports;
significant weaknesses in Parties’ internal controls;
conditions or estimated conditions that may endanger Parties’ business continuity; and/or
other information whenever requested by the Financial Services Authority.
b. The significance of the impact of a problem considers among others:
negative impacts of problems and/or legal violations on Parties’ business continuity or performance;
indications of intentional violations of regulations;
indications of intentional non-fulfillment of commitments; and/or
the number and/or frequency of violations.
c. Conditions of significant violations of legislation provisions for:
banks, including:
a) violations of BMPK or BMPD; or b) deficiency in minimum reserve requirements;
Parties in the Capital Market sector, including:
a) indications of committing criminal violations in the Capital Market sector such as fraud; or b) disclosure of information known to mislead readers and/or users of financial reports;
Entities in the Non-Bank Financial Sector (IKNB), including for:
a) insurance companies:
(1) violations of minimum equity fulfillment requirements; (2) establishment of guarantee funds with amounts below requirements in accordance with Financial Services Authority Regulations regarding the financial health of insurance and reinsurance companies; or (3) investment placements exceeding limits in accordance with Financial Services Authority Regulations regarding the financial health of insurance and reinsurance companies; b) pension funds:
(1) payments (pension benefits, operational costs, and other expenditures) that do not comply with pension fund regulations; (2) lending or pledging pension fund assets to any party, except those categorized as investment portfolio management; (3) investment placements exceeding limits in accordance with Financial Services Authority Regulations regarding pension fund investments; (4) investment placements in prohibited investment types in accordance with Financial Services Authority Regulations regarding pension fund investments; (5) conducting derivative transactions, except for hedging derivative transactions in accordance with Financial Services Authority Regulations regarding pension fund investments; or (6) holding derivative instruments, except for derivative instruments obtained from the ownership of other instruments in accordance with Financial Services Authority Regulations regarding pension fund investments; c) financing companies, violations of maximum financing limits, non-performing financing, gearing ratio, or financing to asset ratio in accordance with Financial Services Authority Regulations regarding the conduct of financing business; d) venture capital companies, violations of gearing ratio or investment and financing to asset ratio in accordance with Financial Services Authority Regulations regarding the conduct of venture capital business; and e) guarantee institutions, violations of gearing ratio, claim reserves, claim payment obligations, or liquidity ratios in accordance with Financial Services Authority Regulations regarding the conduct of guarantee institution business.

d. Significant weaknesses in the control process for the preparation and presentation of the Entity's financial reports include:

material differences between the values presented by the Entity in the financial reports before audit or examination and the results of the AP's testing;
obstacles in providing assurance services caused by the Entity;
inconsistency in the use of valuation bases;
special additions for insurance companies, namely:
a) the company does not provide all inforce policy data for actuarial calculations; b) financial transaction records, particularly from the liability side of the company, have not been recorded fairly; c) inconsistencies in the recording of technical reserves with the details provided; d) the company only records claim reserves in process when the insured has completed claim submission documents or does not record incurred but not reported (IBNR) claims; e) differences in claim settlements (claim settled) approved by branch offices versus those approved by headquarters; or f) failure to make provisions for claim issues (dispute claims). e. Significant weaknesses in the Entity's internal controls include material fraud. Examples of fraud include:
manipulation or window dressing of the Entity's financial reports;
granting credit or financing to one or more debtors using fake identities or third-party identities;
acceptance of gratuities, cash back schemes, or bribes by management and/or employees; or
cost inflation (mark up) for the private benefit of management and/or employees.
f. Conditions or anticipated conditions that may endanger business continuity, for:
banks, including:
a) shortage of Core Capital (KPMM); and/or b) net non-performing credit or financing ratio exceeding 5% (five percent) of total credit or total financing;
Entities in the Capital Market Sector, including Adjusted Working Capital (MKBD) of securities companies and investment managers being less than required by statutory regulations;
Entities in the Non-Bank Financial Sector (IKNB), including for:
a) insurance companies:
(1) solvency levels below the minimum required limits; and (2) inadequacy of technical reserve formation; b) pension funds, funding at quality level 3 (three); c) financing companies having non-performing financing exceeding 5% (five percent) and equity ratio to paid-up capital less than 50% (fifty percent); d) venture capital companies having gearing ratios exceeding 10 (ten) times and equity ratio to paid-up capital less than 30% (thirty percent); or e) guarantee institutions having gearing ratios exceeding 40 (forty) times and liquidity ratios less than 120% (one hundred twenty percent). g. The preparation of incidental reports refers to Form 8 as stated in Appendix II, which is an integral part of this Financial Services Authority Circular. h. APs and/or PAFs submit incidental reports offline to the Financial Services Authority, Department of Supervision, relevant to the type of financial sector institution, within a maximum of 3 (three) working days from discovery, for:
banks, with the address:
a) Department of Supervision for the relevant bank for banks with headquarters or branches of foreign banks located in the Special Capital Region of Jakarta; or b) Regional Office of the Financial Services Authority or local Office of the Financial Services Authority according to the territory where the bank's headquarters is located;
Entities in the Capital Market Sector, addressed to the relevant Department of Capital Market Supervision; and
Entities in the Non-Bank Financial Sector (IKNB), addressed to the relevant Department of Non-Bank Financial Sector Supervision.

In addition to submitting annual periodic reports and incidental reports, PAFs submit any changes concerning data and information from APs and/or PAFs to the Financial Services Authority.
a. Reports of data changes for APs and/or PAFs include:

changes to PAF business licenses;
changes to PAF addresses;
changes to PAF Partner composition;
changes to PAF leadership;
revocation of AP licenses by the Minister;
AP death;
revocation of PAF licenses by the Minister;
changes in PAF cooperation with foreign public accounting offices or foreign audit organizations;
temporary suspension of service provision based on Ministerial approval; and/or
extension of AP licenses.

b. PAFs submit reports of data changes for APs and/or PAFs to the Financial Services Authority with scanned documents as follows:

No.	Report of Data Changes for AP and/or PAF	Documents
1)	Changes to PAF business license.	a) Proof of PAF fee payment in accordance with statutory regulations regarding levies by the Financial Services Authority.<br>b) Decision letter revoking the old PAF license.<br>c) New valid PAF license letter from the Minister.<br>d) Notarized final deed of PAF changes.<br>e) Tax Identification Number (NPWP).<br>f) Ministerial approval letter regarding the inclusion of foreign public accounting offices or foreign audit organizations if the PAF cooperates with them.<br>g) Statement letter signed on sufficient stamp paper by the PAF leader, referring to Form 3.4 as stated in Appendix II, which is an integral part of this Financial Services Authority Circular.<br>h) Other information (if any).
2)	Changes to PAF address.	a) Notification letter of address change approval from the Minister (if the PAF address change is within the same province).<br>b) Decision letter revoking the old PAF license (if the PAF address change is in a different province).<br>c) New valid PAF license letter from the Minister (if the PAF address change is in a different province).<br>d) Notarized final deed of PAF changes (if the PAF address change is in a different province).<br>e) Other information (if any).
3)	Changes to PAF Partner composition.	a) Notification letter of PAF Partner composition changes from the Minister.<br>b) Notarized deed of PAF Partner composition changes.<br>c) Other information (if any).
4)	Changes to PAF leadership.	a) Notification letter of PAF leadership changes from the Minister.<br>b) Notarized deed of PAF leadership changes.<br>c) Statement letter signed on sufficient stamp paper by the PAF leader, referring to Form 3.4 as stated in Appendix II, which is an integral part of this Financial Services Authority Circular.<br>d) Other information (if any).
5)	Revocation of AP licenses by the Minister.	a) Decision letter revoking AP licenses from the Minister.<br>b) Proof of AP fee payment in accordance with statutory regulations regarding levies by the Financial Services Authority.<br>c) Other information (if any).
6)	AP death.	a) Death reporting documents (death certificate, statement letter from the village head or local neighborhood association, statement letter from the hospital, or letter from an institution recognized by the Financial Services Authority, including Public Accountant Professional Associations designated by the Minister).<br>b) Other information (if any).
7)	Revocation of PAF licenses by the Minister.	a) Decision letter revoking PAF licenses from the Minister.<br>b) Proof of PAF fee payment in accordance with statutory regulations regarding levies by the Financial Services Authority.<br>c) Other information (if any).
8)	Changes in PAF cooperation with foreign public accounting offices or foreign audit organizations.	a) STTD (Letter of Recommendation for Foreign Public Accounting Offices or Foreign Audit Organizations) from the Minister.<br>b) Cooperation approval letter from the Minister for cooperation between foreign public accounting offices or foreign audit organizations and the PAF.<br>c) Cooperation agreement between the PAF and foreign public accounting offices or foreign audit organizations.<br>d) Other information (if any).
9)	Temporary suspension of service provision based on Ministerial approval.	a) Letter of approval for temporary suspension of service provision from the Minister.<br>b) Other information (if any).
10)	Extension of AP licenses.	a) Cover letter from the PAF.<br>b) New valid AP license letter from the Minister.<br>c) Other information (if any).

c. Data change reports as referred to in letter a number 8) are reported when the PAF first cooperates with foreign public accounting offices or foreign audit organizations and when there are changes in cooperation or cooperation agreements between the PAF and foreign public accounting offices or foreign audit organizations.
d. Data change reports for APs and/or PAFs as referred to in letter a numbers 1) through 9) are submitted by PAFs online through the Financial Services Authority's integrated licensing and registration system. e. Data change reports for APs and/or PAFs as referred to in letter a number 10) are submitted by PAFs offline to the Financial Services Authority, addressed to the Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision. f. In the event that the Financial Services Authority's integrated licensing and registration system cannot be used for online submission as referred to in letter d, PAFs submit the reports offline to the Financial Services Authority, addressed to the Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision. g. PAFs submit reports of data changes for APs and/or PAFs to the Financial Services Authority as referred to in letters a through f, to the AP/PAF administrative management system for the storage of data and information regarding APs and/or PAFs recorded in the list of APs and PAFs at the Financial Services Authority, until available.

XI. CLOSING

Upon the effective date of this Financial Services Authority Circular:
a. Entities submit reports as referred to in Chapter V number 1 and report corrections as referred to in Chapter V number 7 in accordance with the format and guidelines for filling out as stated in Appendix II, which is an integral part of this Financial Services Authority Circular.

This copy is consistent with the original.
Legal Director 1
Legal Department signed
Mufli Asmawidjaja

Appendix I
FINANCIAL SERVICES AUTHORITY CIRCULAR
NUMBER 18/SEOJK.03/2023
REGARDING
PROCEDURES FOR THE USE OF PUBLIC ACCOUNTANT AND PUBLIC ACCOUNTANT OFFICE SERVICES IN FINANCIAL SERVICES ACTIVITIES

I. General
The use of APs and PAFs relates to reports that must be audited, examined, or other assignments by APs based on statutory regulations in the field of financial services or written instructions from the Financial Services Authority, as stated in this appendix.

II. Banking Sector

Audit of annual financial reports in accordance with:
a. Financial Services Authority Regulations regarding transparency and publication of bank reports; b. Financial Services Authority Regulations regarding mergers, consolidations, takeovers, integration, and conversion of conventional banks;
c. Financial Services Authority Regulations regarding transparency of the financial condition of rural credit banks; and/or
d. Financial Services Authority Regulations regarding transparency of the financial condition of Islamic rural financing banks.
Audit of financial publication reports and financial performance information of conventional commercial banks, Islamic commercial banks, and/or Islamic business units in the context of separating Islamic business units in accordance with Financial Services Authority Regulations regarding Islamic business units.
Audit of closing balance sheets of Indonesian legal entity banks in accordance with Financial Services Authority Regulations regarding commercial banks.
Examination of banks and/or branches of banks located abroad in accordance with Financial Services Authority Regulations regarding requirements and procedures for bank examinations.
Examination of proforma financial data:
a. banks resulting from integration in accordance with Financial Services Authority Regulations regarding mergers, consolidations, takeovers, integration, and conversion of commercial banks; and/or b. Islamic commercial banks resulting from separation or Islamic commercial banks receiving separation post-separation in the context of separating Islamic business units in accordance with Financial Services Authority Regulations regarding Islamic business units.
Verification of the settlement of rights and obligations:
a. Indonesian legal entity banks and branches of banks located abroad in accordance with Financial Services Authority Regulations regarding commercial banks; and/or b. Islamic business units and closing financial position reports of Islamic business units in the context of revoking business licenses for Islamic business units in accordance with Financial Services Authority Regulations regarding Islamic business units.
Verification of final financial position reports, including ensuring the settlement of all bank obligations in the context of revoking business licenses in accordance with Financial Services Authority Regulations regarding rural credit banks and/or Financial Services Authority Regulations regarding Islamic rural financing banks.
Other reports that must be audited, examined, or other assignments by APs based on statutory regulations in the field of financial services or written instructions from the Financial Services Authority.

III. Capital Market Sector

Audit of annual financial reports in accordance with:
a. Financial Services Authority Regulations regarding the submission of periodic financial reports by issuers or public companies; b. Financial Services Authority Regulations regarding guidelines on the form and content of registration statements for public companies;
c. Financial Services Authority Regulations regarding registration statements in the context of public offerings and capital increases by providing preemptive rights by issuers with small-scale assets or issuers with medium-scale assets;
d. Financial Services Authority Regulations regarding registration statement documents in the context of public offerings of equity securities, debt securities, and/or sukuk; e. Financial Services Authority Regulations regarding public offerings of debt securities and/or sukuk to professional investors; f. Financial Services Authority Regulations regarding securities administration bureau reports or issuers and public companies that conduct securities administration themselves; g. Financial Services Authority Regulations regarding reporting by securities companies conducting business as securities underwriters and securities trading intermediaries; h. Financial Services Authority Regulations regarding securities financing institutions;
i. Financial Services Authority Regulations regarding guidelines on the form and content of prospectuses in the context of public offerings of mutual funds;
j. Financial Services Authority Regulations regarding mutual funds in the form of collective investment contracts; k. Financial Services Authority Regulations regarding guidelines for managing mutual funds in the form of corporations;
l. Financial Services Authority Regulations regarding registration statements in the context of public offerings of mutual funds in the form of corporations;
m. Financial Services Authority Regulations regarding mutual funds in the form of limited participation collective investment contracts; n. Financial Services Authority Regulations regarding infrastructure investment funds in the form of collective investment contracts; o. Financial Services Authority Regulations regarding multi-asset investment funds in the form of collective investment contracts; p. Financial Services Authority Regulations regarding real estate investment funds in the form of collective investment contracts; q. Financial Services Authority Regulations regarding guidelines for issuing and reporting asset-backed securities in the form of collective investment contracts; r. Financial Services Authority Regulations regarding guidelines for issuing and reporting asset-backed securities in the form of participation certificates in the context of secondary housing financing; s. Financial Services Authority Regulations regarding guidelines for securities rating company activities; t. Financial Services Authority Regulations regarding securities exchange reports; u. Financial Services Authority Regulations regarding clearing and guaranteeing institution reports;
v. Financial Services Authority Regulations regarding depository and settlement institution reports;
w. Financial Services Authority Regulations regarding alternative market organizers;
x. Financial Services Authority Regulations regarding investor protection fund organizers;
y. Financial Services Authority Regulations regarding material transactions and changes in business activities; z. Financial Services Authority Regulations regarding mergers or consolidations of public companies; aa. Financial Services Authority Regulations regarding valuation and presentation of business valuation reports in the Capital Market; bb. Financial Services Authority Regulations regarding carbon trading through carbon exchanges;
cc. statutory regulations in the Capital Market sector regarding securities price valuation institutions;
dd. statutory regulations in the Capital Market sector regarding licensing of investment advisors; and/or ee. statutory regulations in the Capital Market sector regarding the obligation to submit periodic reports by securities companies.
Audit, review, or limited review of semi-annual financial reports in accordance with:
a. Financial Services Authority Regulations regarding the submission of periodic financial reports by issuers or public companies; b. Financial Services Authority Regulations regarding reporting by securities companies conducting business as securities underwriters and securities trading intermediaries;
c. Financial Services Authority Regulations regarding clearing and guaranteeing institution reports;
d. Financial Services Authority Regulations regarding depository and settlement institution reports; e. Financial Services Authority Regulations regarding guidelines for issuing and reporting asset-backed securities in the form of participation certificates in the context of secondary housing financing; f. Financial Services Authority Regulations regarding securities exchange reports; g. Financial Services Authority Regulations regarding material transactions and changes in business activities; and/or h. statutory regulations in the Capital Market sector regarding the obligation to submit periodic reports by securities companies.
Audit of interim financial reports included in annual financial reports in accordance with:
a. Financial Services Authority Regulations regarding the form and content of prospectuses and summary prospectuses in the context of public offerings of equity securities; b. Financial Services Authority Regulations regarding the form and content of prospectuses and summary prospectuses in the context of public offerings of debt securities;
c. Financial Services Authority Regulations regarding public offerings of debt securities and/or sukuk to professional investors;
d. Financial Services Authority Regulations regarding capital increases in public companies by providing preemptive rights; and/or

e. Financial Services Authority Regulations regarding material transactions and changes in business activities.

Audit of the initial financial statements of collective investment contracts for asset-backed securities in accordance with Financial Services Authority Regulations regarding the issuance and reporting of asset-backed securities in the form of collective investment contracts.
Audit of financial statements related to dissolution, liquidation, and distribution of liquidation results for:
a. mutual funds in accordance with Financial Services Authority Regulations regarding mutual funds in the form of collective investment contracts; b. limited partnership mutual funds in accordance with Financial Services Authority Regulations regarding mutual funds in the form of limited partnership contracts;
c. infrastructure investment funds in the form of collective investment contracts in accordance with Financial Services Authority Regulations regarding infrastructure investment funds in the form of collective investment contracts; and/or
d. multi-asset investment funds in the form of collective investment contracts in accordance with Financial Services Authority Regulations regarding multi-asset investment funds in the form of collective investment contracts.
Audit or examination of the final financial statements in accordance with:
a. Financial Services Authority Regulations regarding the public offering of Indonesian escrow certificates; b. Financial Services Authority Regulations regarding the public offering of debt securities and/or sukuk to professional investors;
c. Financial Services Authority Regulations regarding licensing of securities companies conducting business as underwriters of securities and securities brokers;
d. Financial Services Authority Regulations regarding mutual fund sales agents; e. Financial Services Authority Regulations regarding licensing of securities rating agencies; f. Financial Services Authority Regulations regarding approval of commercial banks as custodians; g. Financial Services Authority Regulations regarding commercial banks conducting business as trustees; h. Financial Services Authority Regulations regarding securities financing institutions;
i. Financial Services Authority Regulations regarding alternative market organizers;
j. Financial Services Authority Regulations regarding investor protection fund organizers; k. capital market legislation regarding licensing of securities companies conducting business as investment managers; and/or
l. capital market legislation regarding securities pricing agencies.
Audit of adjusted annual working capital in accordance with Financial Services Authority Regulations regarding reporting by securities companies conducting business as underwriters of securities and securities brokers, and capital market legislation regarding periodic reporting obligations by securities companies.
Examination or review of pro forma financial information or financial forecasts in accordance with:
a. Financial Services Authority Regulations regarding mergers or consolidations of public companies; b. Financial Services Authority Regulations regarding guidelines on the format and content of registration statements for public companies;
c. Financial Services Authority Regulations regarding the format and content of prospectuses for public offerings and capital increases by granting pre-emptive rights to issuers with small-scale assets or issuers with medium-scale assets;
d. Financial Services Authority Regulations regarding the format and content of prospectuses and summary prospectuses for public offerings of equity securities; e. Financial Services Authority Regulations regarding the format and content of prospectuses and summary prospectuses for public offerings of debt securities; f. Financial Services Authority Regulations regarding registration statement documents for public offerings of equity securities, debt securities, and/or sukuk; and/or g. Financial Services Authority Regulations regarding material transactions and changes in business activities.
Examination of financial position reports or opening balance sheets in accordance with:
a. Financial Services Authority Regulations regarding licensing of securities administrative offices; b. Financial Services Authority Regulations regarding licensing of securities rating agencies;
c. capital market legislation regarding licensing of depository and clearing institutions;
d. capital market legislation regarding licensing of clearing and guarantee institutions; and/or e. capital market legislation regarding licensing of stock exchanges.
Examination of annual operational activity reports or annual activity reports in accordance with:
a. Financial Services Authority Regulations regarding reports of securities administrative offices or issuers and public companies that conduct securities administration themselves; b. Financial Services Authority Regulations regarding reports of commercial banks as custodians;
c. Financial Services Authority Regulations regarding guidelines for contracts for the storage of assets of mutual funds in the form of corporations; and/or
d. Financial Services Authority Regulations regarding alternative market organizers.
Examination of bonus share distribution reports in accordance with Financial Services Authority Regulations regarding bonus shares.
Special examinations regarding:
a. the exercise of pre-emptive rights in accordance with Financial Services Authority Regulations regarding capital increases of public companies by granting pre-emptive rights; b. the fairness of allocation implementation in accordance with Financial Services Authority Regulations regarding voluntary tender offers;
c. ordering and allocation of securities as regulated in capital market legislation regarding ordering and allocation of securities in public offerings; and/or
d. the receipt of proceeds from public offerings by issuers in accordance with capital market legislation regarding registration procedures for public offerings.
Opinions regarding:
a. the fairness of financial statements as a whole in interim financial reports, including in accordance with Financial Services Authority Regulations regarding reporting by securities companies conducting business as underwriters of securities and securities brokers; b. tax aspects of Indonesian escrow certificates for foreign and Indonesian investors and differences between accounting principles used in preparing financial statements and generally accepted accounting principles in Indonesia or International Financial Reporting Standards, if there are differences in accounting principles in accordance with Financial Services Authority Regulations regarding public offerings of Indonesian escrow certificates;
c. accounting treatment for fulfillment of sales, purchases, or swaps upon termination or release in the case of transfer of financial assets from the initial creditor (originator) to asset-backed securities collective investment contracts, accompanied by accounting fulfillment of sales, purchases, or swaps upon termination or release in accordance with Financial Services Authority Regulations regarding the issuance and reporting of asset-backed securities in the form of collective investment contracts;
d. sales, purchases, or releases of financial assets forming a pool of receivables and accounting aspects of issuing asset-backed securities in the form of participation certificates in accordance with Financial Services Authority Regulations regarding guidelines for the issuance and reporting of asset-backed securities in the form of participation certificates for secondary housing financing; and/or e. the availability of sufficient funds from parties conducting voluntary tender offers to settle voluntary tender offers in accordance with Financial Services Authority Regulations regarding voluntary tender offers.
Preparation of:
a. comfort letters in accordance with Financial Services Authority Regulations regarding registration statement documents for public offerings of equity securities, debt securities, and/or sukuk, and Financial Services Authority Regulations regarding capital increases of public companies by granting pre-emptive rights; and/or b. accountant statements that issuers or public companies have never experienced default in accordance with Financial Services Authority Regulations regarding continuous public offerings of debt securities and/or sukuk.
Other reports that must be audited, examined, or other assignments by the AP based on financial services legislation or written instructions from the Financial Services Authority.

IV. IKNB Sector

Audit of annual financial statements in accordance with:
a. Financial Services Authority Regulations regarding financial health of insurance companies and reinsurance companies; b. Financial Services Authority Regulations regarding financial health of insurance companies and reinsurance companies with Sharia principles;
c. Financial Services Authority Regulations regarding business licensing and institutionalization of insurance companies, Sharia insurance companies, reinsurance companies, and Sharia reinsurance companies;
d. Financial Services Authority Regulations regarding business licensing and institutionalization of insurance brokers, reinsurance brokers, and insurance loss assessors; e. Financial Services Authority Regulations regarding the conduct of business by insurance brokers, reinsurance brokers, and insurance loss assessors; f. Financial Services Authority Regulations regarding financial health for insurance companies in the form of joint ventures; g. Financial Services Authority Regulations regarding governance and institutionalization of insurance companies in the form of joint ventures; h. Financial Services Authority Regulations regarding the separation of Sharia units of insurance companies and reinsurance companies;
i. Financial Services Authority Regulations regarding supervision of the management of social insurance programs for soldiers of the Indonesian National Armed Forces, members of the Indonesian National Police, and civil servants in the Ministry of Defense and Indonesian National Police by the Financial Services Authority;
j. Financial Services Authority Regulations regarding pension fund funding; k. Financial Services Authority Regulations regarding periodic reports of pension funds;
l. Financial Services Authority Regulations regarding business licensing and institutionalization of financing companies and Sharia financing companies;
m. Financial Services Authority Regulations regarding the conduct of business of financing companies; n. Financial Services Authority Regulations regarding the conduct of business of Sharia financing companies and Sharia business units of financing companies; o. Financial Services Authority Regulations regarding the conduct of business of venture capital companies; p. Financial Services Authority Regulations regarding infrastructure financing companies; q. Financial Services Authority Regulations regarding secondary housing financing companies; r. Financial Services Authority Regulations regarding supervision of the Indonesian Export Financing Institution; s. Financial Services Authority Regulations regarding the conduct of business of guarantee institutions; t. Financial Services Authority Regulations regarding the separation of Sharia business units of guarantee institutions; u. Financial Services Authority Regulations regarding supervision of social security organizing bodies by the Financial Services Authority;
v. Financial Services Authority Regulations regarding supervision of PT Permodalan Nasional Madani (Persero);
w. Financial Services Authority Regulations regarding supervision of PT Bahana Pembinaan Usaha Indonesia;
x. Financial Services Authority Regulations regarding supervision of the housing savings management body;
y. Financial Services Authority Regulations regarding the conduct of business of microfinance institutions; z. Financial Services Authority Regulations regarding pawnshop businesses; and/or aa. Financial Services Authority Regulations regarding technology-based co-financing services.
Audit of financial position reports or final balance sheets, closing financial position reports or balance sheets, or financial statements for dissolution and liquidation in accordance with:
a. Financial Services Authority Regulations regarding business licensing and institutionalization of insurance brokers, reinsurance brokers, and insurance loss assessors; b. Financial Services Authority Regulations regarding business licensing and institutionalization of insurance companies, Sharia insurance companies, reinsurance companies, and Sharia reinsurance companies;
c. Financial Services Authority Regulations regarding dissolution, liquidation, and bankruptcy of insurance companies, Sharia insurance companies, reinsurance companies, and Sharia reinsurance companies;
d. Financial Services Authority Regulations regarding governance and institutionalization of insurance companies in the form of joint ventures; e. Financial Services Authority Regulations regarding business licensing and institutionalization of financing companies and Sharia financing companies; and/or f. Financial Services Authority Regulations regarding dissolution and liquidation of pension funds.
Audit of management reports of health insurance programs and insurance for each annual labor program for the period January 1 to December 31 in accordance with Financial Services Authority Regulations regarding supervision of social security organizing bodies by the Financial Services Authority.
Examination of annual investment reports in accordance with Financial Services Authority Regulations regarding pension fund investments.
Review and assessment of the conformity of annual financial statements with financial health regulations for insurance companies in accordance with:
a. Financial Services Authority Regulations regarding financial health of insurance companies and reinsurance companies; and/or b. Financial Services Authority Regulations regarding financial health of insurance companies and reinsurance companies with Sharia principles.

This copy is consistent with the original
Legal Director 1
Legal Department signed
Mufli Asmawidjaja

ANNEX II
CIRCULAR LETTER OF THE FINANCIAL SERVICES AUTHORITY NUMBER 18/SEOJK.03/2023 REGARDING PROCEDURES FOR THE USE OF PUBLIC ACCOUNTANT SERVICES AND PUBLIC ACCOUNTING FIRMS IN FINANCIAL SERVICES ACTIVITIES

TABLE OF CONTENTS
Form 1. Report on Appointment of Public Accountants and Public Accounting Firms for Audit of Annual Historical Financial Information Form 2. Report on Realization of Use of Public Accountant and Public Accounting Firm Services Form 3.1 Public Accountant Registration Request Letter Providing Services to Parties Form 3.2 Public Accountant Statement Letter in the Framework of Registration Form 3.3 Public Accounting Firm Registration Request Letter Providing Services to Parties Form 3.4 Public Accounting Firm Statement Letter 26 Form 4.1 Request Letter for Approval of Addition of Service Scope in the Banking, Capital Market, or IKNB Sectors Form 4.2 Cover Letter for Request for Approval of Reduction of Service Scope in the Banking, Capital Market, or IKNB Sectors Form 4.3 Request Letter for Approval of Reduction of Public Accountant Service Scope in the Banking, Capital Market, or IKNB Sectors Form 4.4 Public Accountant Statement Letter in the Framework of Reduction of Service Scope Form 5.1 Request Letter for Reactivation from the List of Public Accountants Temporarily Inactive Form 5.2 Request Letter for Reactivation from the List of Public Accounting Firms Temporarily Inactive Form 6.1 Public Accountant Resignation Request Letter 33 Form 6.2 Public Accounting Firm Certificate Letter in the Framework of Public Accountant Resignation Form 6.3 Public Accountant Statement Letter in the Framework of Resignation Form 6.4 Public Accounting Firm Resignation Request Letter Form 6.5 Public Accounting Firm Statement Letter in the Framework of Resignation Form 7. Report on Public Accounting Firm Service Activities to Parties Form 8. Incidental Report

Form 1.
Report on Appointment of Public Accountants and Public Accounting Firms for Audit of Annual Historical Financial Information
I. Form 01.01 – Report on Appointment of PA and PAF for Audit of Annual Historical Financial Information – Institution
A. Report Format
Filling Instructions
Appointment Purpose
Type of Engagement
Audit Position
Name of PAF
PAF STTD Number
PAF STTD Date
PAF Assignment Year
Name of PA (Signing Partner)
PA Registration Number from the Minister
PA STTD Number
PA STTD Date
PA Assignment Year
Appointment of PAF in the Framework of Audit of Annual Historical Financial Information - Appointment Method Appointment of PAF in the Framework of Audit of Annual Historical Financial Information - Appointment Date Appointment of PA in the Framework of Audit of Annual Historical Financial Information - Appointment Method Appointment of PA in the Framework of Audit of Annual Historical Financial Information - Appointment Date Date of Work Agreement between Party and PAF Document Number of Work Agreement between Party and PAF Audit Service Fees Party Recommending Appointment of PA and PAF

B. Filling Guidelines

Appointment Purpose
a. Filled with the subject of the audit of annual historical financial information. b. Data filling reference:
No. Appointment Purpose Code
1. Institution 1
2. Institution and Product 2
3. Product 3
  The term "Product" includes programs organized by the Party, which have an obligation to have annual historical financial information audited.
  Examples:
1. PT Bank "A" submits a report on the appointment of PA and PAF for the audit of annual historical financial information of PT Bank "A". PT Bank "A" fills the "Appointment Purpose" row with code 1 – "Institution" and reports the details of PA and PAF appointment on form 01.01.
2. PT Investment Manager "B" submits a report on the appointment of PA and PAF for the audit of annual historical financial information of PT Investment Manager "B" and managed mutual fund products, namely product "MI Stock Mutual Fund 1", product "MI Stock Mutual Fund 2", and product "MI Stock Mutual Fund 3". PT Investment Manager "B" fills the "Appointment Purpose" row with code 2 – "Institution and Product". PT Investment Manager "B" reports the details of PA and PAF appointment for the audit of annual historical financial information of PT Investment Manager "B" on form 01.01 and the details of PA and PAF appointment for the audit of annual historical financial information of the three mutual fund products on form 01.03.
3. PT Sharia Investment Manager "C" submits a report on the appointment of PA and PAF for the managed mutual fund product, namely product "Sharia MI Stock Mutual Fund 4". PT Sharia Investment Manager "C" fills the "Appointment Purpose" row with code 3 – "Product" and reports the details of PA and PAF appointment for the mutual fund product on form 01.03. The subsequent filling rows on form 01.01 are left blank.
Type of Engagement
a. Filled with reference code 01 – audit service for annual historical financial information. b. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
Audit Position
a. Filled with the audit position date. b. Filled with 8 (eight) digits in the format yyyymmdd.
c. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
Name of PAF
a. Filled with the name of the PAF as stated in the PAF STTD obtained from the Financial Services Authority. b. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
PAF STTD Number
a. Filled with the PAF STTD number obtained from the Financial Services Authority. b. Filled with letter characters, numbers, dots (.), slashes (/), and/or hyphens (-).
c. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
PAF STTD Date
a. Filled with the date of the PAF STTD determination obtained from the Financial Services Authority. b. Filled with 8 (eight) digits in the format yyyymmdd.
c. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
PAF Assignment Year
a. Filled with the number of years of PAF assignment.
Example:
PAF "G" provides audit services for annual historical financial information to PT Public Company "GHI" for the fiscal years 2021, 2022, 2023, and 2024. In the report on the appointment of PA and PAF for the audit of annual historical financial information for the fiscal year 2024, PT Public Company "GHI" fills the "PAF Assignment Year" row with the number 4 (four) according to the number of years of PAF "G"'s assignment at PT Public Company "GHI". b. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
Name of PA (Signing Partner)
a. Filled with the name of the PA who is the signing partner in providing audit services for annual historical financial information. b. PA name as stated in the PA STTD obtained from the Financial Services Authority.
c. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
PA Registration Number from the Minister
a. Filled with the PA registration number obtained from the Minister. b. Filled with letter characters, numbers, and/or dots (.).
c. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
PA STTD Number
a. Filled with the PA STTD number obtained from the Financial Services Authority according to the Party's financial services sector.
Example:
1. PT Bank "ABC" Tbk appoints a PA from the list of active PAs and PAFs and is at least registered in the Banking sector and the Capital Market sector. Thus, the Party reports the PA STTD number in the Banking sector and the PA STTD number in the Capital Market sector.
2. PT Securities Company "DEF" appoints a PA from the list of active PAs and PAFs and is at least registered in the Capital Market sector. Thus, the Party reports the PA STTD number in the Capital Market sector.
3. PT Insurance "JKL" Tbk appoints a PA from the list of active PAs and PAFs and is at least registered in the IKNB sector and the Capital Market sector. Thus, the Party reports the PA STTD number in the IKNB sector and the PA STTD number in the Capital Market sector.
  b. Filled with letter characters, numbers, dots (.), slashes (/), and/or hyphens (-).
  c. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
PA STTD Date
a. Filled with the date of the PA STTD determination obtained from the Financial Services Authority. b. Filled with 8 (eight) digits in the format yyyymmdd.
c. If the "Appointment Purpose" row is filled with code 3 – "Product", this row is left blank.
Year of AP Assignment
a. Filled with the number of years of AP assignment. b. The calculation of AP assignment years is in accordance with the Financial Services Authority Regulation regarding the use of public accountants and public accounting firms in financial services activities. For example:
AP “R” provides audit services for annual historical financial information to PT Bank “ABC” for the fiscal years 2017, 2020, 2021, 2023, and 2024. In the AP and KAP appointment report for the audit of annual historical financial information for the fiscal year 2024, PT Bank “ABC” fills in the “Year of AP Assignment” row with the number 5 (five) in accordance with the accumulated years of AP “R”’s assignment at PT Bank “ABC” since the fiscal year 2017.
c. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.
Appointment of KAP in the Context of Audit of Annual Historical Financial Information – Method of Appointment
a. Filled with 2 (two) digit characters according to the appointment method code. b. Data filling reference:
No. Method of Appointment Code
Appointment at the General Meeting of Shareholders (GMS) 01
Appointment by an organ equivalent to GMS 02
Appointment by the Board of Commissioners 03
Appointment by the Board of Supervisors or a party performing supervisory functions as performed by the Board of Commissioners 04
c. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.
Appointment of KAP in the Context of Audit of Annual Historical Financial Information – Date of Appointment
a. Filled with the date of appointment of the KAP that will provide audit services for annual historical financial information. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
c. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.
Appointment of AP in the Context of Audit of Annual Historical Financial Information – Method of Appointment
a. Filled with 2 (two) digit characters according to the appointment method code. b. Data filling reference:
No. Method of Appointment Code
Appointment at the General Meeting of Shareholders (GMS) 01
Appointment by an organ equivalent to GMS 02
Appointment by the Board of Commissioners 03
Appointment by the Board of Supervisors or a party performing supervisory functions as performed by the Board of Commissioners 04
c. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.
Appointment of AP in the Context of Audit of Annual Historical Financial Information – Date of Appointment
a. Filled with the date of appointment of the AP that will provide audit services for annual historical financial information. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
c. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.
Date of Work Agreement between the Party and KAP
a. Filled with the date of the work agreement between the Party and KAP. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
c. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.
Document Number of Work Agreement between the Party and KAP
a. Filled with the document number of the work agreement between the Party and KAP. b. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.
Audit Service Fees
a. Filled with the total value of audit service fees for historical financial information. b. The value of service fees is reported in full rupiah currency units as the value of service fees after deducting value-added tax and income tax.
c. Filled with up to 15 (fifteen) digit characters.
d. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.
Party Making Recommendations in the Appointment of AP and KAP
a. Filled with 2 (two) digit characters according to the code of the Party making recommendations in the appointment of AP and KAP. b. Data filling reference:
No. Party Making Recommendations in the Appointment of AP and KAP Code
Audit Committee 01
Board of Commissioners 02
Board of Supervisors 03
Party performing supervisory functions as performed by the Board of Commissioners 04
c. If the “Appointment Purpose” row is filled with code 3 – “Product”, this row is left blank.

II. Form 01.02 – AP and KAP Appointment Document for Audit of Annual Historical Financial Information
A. The AP and KAP appointment document for audit of annual historical financial information is in accordance with the Financial Services Authority Regulation regarding the use of public accountants and public accounting firms in financial services activities.

B. The AP and KAP appointment documents include:

minutes of the General Meeting of Shareholders (GMS) and/or other documents stating the appointment of AP and KAP;
work agreement between the Party and KAP;
self-assessment results regarding compliance with audit service usage restrictions and cooling-off periods received from KAP; and
Audit Committee recommendations and considerations used in providing recommendations for the appointment of AP and KAP.
The above documents are uploaded in pdf format on this form.

C. Document Format:

Self-Assessment Results of Compliance with Audit Service Usage Restrictions and Cooling-off Periods for Parties in the Form of General Banks, Issuers, and Public Companies
Self-Assessment Results of Compliance with Audit Service Usage Restrictions and Cooling-off Periods for Parties in the Form of General Banks, Issuers, and Public Companies In connection with the plan to provide Public Accountant (AP) and Public Accounting Firm (KAP) services for the audit of annual historical financial information for the position of …….. (fiscal year audited), we declare that we comply with the restrictions on the use of audit services for annual historical financial information and the cooling-off period. The considerations regarding the conclusion are as follows:
Information on the assignment periods already undergone by:
a. AP acting as Engagement Partner …… b. AP acting as Engagement Quality Control Reviewer ……
c. AP acting as other Audit Engagement Partner ……
Analysis of compliance with audit service usage restrictions and cooling-off periods in accordance with the Financial Services Authority Regulation regarding the use of public accountants and public accounting firms in financial services activities.
……
Thus, please be informed.
Name of Public Accounting Firm
(………………………………..)
Name of Public Accountant
Self-Assessment Results of Compliance with Audit Service Usage Restrictions and Cooling-off Periods for Parties other than General Banks, Issuers, and Public Companies
Self-Assessment Results of Compliance with Audit Service Usage Restrictions and Cooling-off Periods for Parties other than General Banks, Issuers, and Public Companies In connection with the plan to provide Public Accountant (AP) and Public Accounting Firm (KAP) services for the audit of annual historical financial information for the position of …….. (fiscal year audited), we declare that we comply with the restrictions on the use of audit services for annual historical financial information and the cooling-off period. The considerations regarding the conclusion are as follows:
Information on the assignment periods already undergone by:
a. AP …… b. Associated parties and KAP personnel with 1 (one) job level below the AP involved in providing audit services ……
Analysis of compliance with audit service usage restrictions and cooling-off periods in accordance with the Financial Services Authority Regulation regarding the use of public accountants and public accounting firms in financial services activities.
……
Thus, please be informed.
Name of Public Accounting Firm
(………………………………..)
Name of Public Accountant
Audit Committee Recommendations in the Appointment of Public Accountants and Public Accounting Firms
Audit Committee Recommendations in the Appointment of Public Accountants and Public Accounting Firms In connection with the plan to use Public Accountant (AP) and Public Accounting Firm (KAP) services for the audit of annual historical financial information for the position of …….. (fiscal year audited), we recommend the use of services from AP and KAP …… (name of AP and KAP). The considerations in the recommendation regarding the AP and KAP are as follows:
Independence of AP, KAP, and Persons within KAP ……
Audit scope ……
Audit service fees ……
Expertise and experience of AP, KAP, and KAP audit team ……
Methodology, techniques, and audit tools used by KAP ……
Benefits of a new perspective to be obtained through the replacement of AP, KAP, and KAP audit team ……
Potential risks of using the same KAP’s audit services consecutively for a sufficiently long period ……
Evaluation results of the provision of audit services for annual historical financial information by AP and KAP in previous periods (if any) ……
Other matters (if any) ……
Thus, please be informed.
Signature *)
(………………………………..)
Note:
*) Signed by the Party’s Audit Committee. In the event that the Party is not required to have an Audit Committee, the appointment recommendation of AP and KAP is carried out by the Board of Commissioners, Board of Supervisors, or a party performing supervisory functions as performed by the Board of Commissioners.

III. Form 01.03 – AP and KAP Appointment Report for Audit of Annual Historical Financial Information – Product
A. Report Format
Product Code Product Name Engagement Type Audit Position KAP Name KAP STTD Number Date of KAP STTD KAP Assignment Years AP Name (Signing Partner) AP Registration Number from the Minister AP STTD Number Date of AP STTD AP Assignment Years Appointment of KAP in the Context of Audit of Annual Historical Financial Information - Method of Appointment Appointment of KAP in the Context of Audit of Annual Historical Financial Information - Date of Appointment Appointment of AP in the Context of Audit of Annual Historical Financial Information - Method of Appointment Appointment of AP in the Context of Audit of Annual Historical Financial Information - Date of Appointment Date of Work Agreement between the Party and KAP Document Number of Work Agreement between the Party and KAP Audit Service Fees Party Making Recommendations in the Appointment of AP and KAP

B. Filling Guidelines
If the “Appointment Purpose” row on form 01.01 is filled with code 1 – “Institution”, this form is left blank. This form is only filled if the Party fills the “Appointment Purpose” row on form 01.01 with code 2 – “Institution and Product” and code 3 – “Product”. If the Party fills the “Appointment Purpose” row on form 01.01 with code 2 – “Institution and Product” and code 3 – “Product”, this form is filled with details of the appointment of AP and KAP for the audit of the Party’s product historical financial information, which is required to use AP and KAP registered with the Financial Services Authority. For example, investment products based on collective investment contracts managed by investment managers and/or Sharia investment managers are reported in this form. The filling guidelines are as follows:

Product Code
a. This column is only filled by investment managers and/or Sharia investment managers. b. Filled with letter and/or number characters according to the product code used for the audit of annual historical financial information by AP and KAP registered with the Financial Services Authority. For example, the code for investment products based on collective investment contracts according to the APOLO master data under the investment product menu.
Product Name
a. This column is only filled by parties other than investment managers and/or Sharia investment managers. b. Filled with letter and/or number characters for the name of the product audited for annual historical financial information by AP and KAP registered with the Financial Services Authority.
Engagement Type
Filled with reference code 01 – “audit services for annual historical financial information”.
Audit Position
a. Filled with the date of the audit position. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
KAP Name
Filled with the name of KAP as stated in the KAP STTD obtained from the Financial Services Authority.
KAP STTD Number
a. Filled with the KAP STTD number obtained from the Financial Services Authority. b. Filled with letter, number, period (.), slash (/), and/or hyphen (-) characters.
Date of KAP STTD
a. Filled with the date of the KAP STTD determination obtained from the Financial Services Authority. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
KAP Assignment Years
Filled with the number of years of KAP assignment.
For example:
KAP “A” provides audit services for annual historical financial information for product “Mutual Fund MI Stocks 1” managed by Investment Manager “C” for fiscal years 2021, 2022, 2023, and 2024. In the AP and KAP appointment report for the audit of annual historical financial information for the fiscal year 2024, Investment Manager “C” fills in the “KAP Assignment Years” column with the number 4 (four) in accordance with the number of years of KAP “A”’s assignment for product “Mutual Fund MI Stocks 1”.
AP Name (Signing Partner)
a. Filled with the name of the AP who is the signing partner in providing audit services for annual historical financial information. b. The name of the AP is as stated in the AP STTD obtained from the Financial Services Authority.
AP Registration Number from the Minister
a. Filled with the AP registration number obtained from the Minister. b. Filled with letter, number, and/or period (.) characters.
AP STTD Number
a. Filled with the AP STTD number obtained from the Financial Services Authority. b. Filled with letter, number, period (.), slash (/), and/or hyphen (-) characters.
Date of AP STTD
a. Filled with the date of the AP STTD determination obtained from the Financial Services Authority. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
AP Assignment Years
a. Filled with the number of years of AP assignment. b. The calculation of AP assignment years is in accordance with the Financial Services Authority Regulation regarding the use of public accountants and public accounting firms in financial services activities. For example:
AP “R” provides audit services for annual historical financial information to product “Mutual Fund MI Stocks 1” managed by Investment Manager “T” for fiscal years 2017, 2020, 2021, 2023, and 2024. In the AP and KAP appointment report for the audit of annual historical financial information for the fiscal year 2024, Investment Manager “T” fills in the “AP Assignment Years” column with the number 5 (five) in accordance with the number of fiscal years of AP “R”’s assignment for product “Mutual Fund MI Stocks 1”.
Appointment of KAP in the Context of Audit of Annual Historical Financial Information – Method of Appointment
a. Filled with 2 (two) digit characters according to the appointment method code. b. Data filling reference:
No. Method of Appointment Code
Appointment at the General Meeting of Shareholders (GMS) 01
Appointment by an organ equivalent to GMS 02
Appointment by the Board of Commissioners 03
Appointment by the Board of Supervisors or a party performing supervisory functions as performed by the Board of Commissioners 04
Appointment of KAP in the Context of Audit of Annual Historical Financial Information – Date of Appointment
a. Filled with the date of appointment of the KAP that will provide audit services for annual historical financial information. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Appointment of AP in the Context of Audit of Annual Historical Financial Information – Method of Appointment
a. Filled with 2 (two) digit characters according to the appointment method code. b. Data filling reference:
No. Method of Appointment Code
Appointment at the General Meeting of Shareholders (GMS) 01
Appointment by an organ equivalent to GMS 02
Appointment by the Board of Commissioners 03
Appointment by the Board of Supervisors or a party performing supervisory functions as performed by the Board of Commissioners 04
Appointment of AP in the Context of Audit of Annual Historical Financial Information – Date of Appointment
a. Filled with the date of appointment of the AP that will provide audit services for annual historical financial information. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Date of Work Agreement between the Party and KAP
a. Filled with the date of the work agreement between the Party and KAP. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Document Number of Work Agreement between the Party and KAP
Filled with the document number of the work agreement between the Party and KAP.
Audit Service Fees
a. Filled with the total value of audit service fees for historical financial information. b. The value of service fees is reported in full rupiah currency units as the value of service fees after deducting value-added tax and income tax.
c. Filled with up to 15 (fifteen) digit characters.
Party Making Recommendations in the Appointment of AP and KAP
a. Filled with 2 (two) digit characters according to the code of the Party making recommendations in the appointment of AP and KAP. b. Data filling reference:
No. Party Making Recommendations in the Appointment of AP and KAP Code
Audit Committee 01
Board of Commissioners 02
Board of Supervisors 03
Party performing supervisory functions as performed by the Board of Commissioners 04

Form 2.
Report on the Realization of the Use of Public Accountant and Public Accounting Firm Services
I. Form 01.01 – Audit Committee Evaluation Results on the Implementation of Services from Audit of Annual Historical Financial Information
A. Report Format
Product Code Product Name KAP Assignment Years KAP Name KAP STTD Number Date of KAP STTD AP Name (Signing Partner) AP Registration Number from the Minister AP STTD Number Date of AP STTD AP Assignment Years Audit Opinion Result Date of Independent Auditor’s Report Signing Party Making Evaluation on the Implementation of Audit Services for Annual Historical Financial Information

B. Filling Guidelines
In the event that there is more than 1 (one) audit service for annual historical financial information from AP and KAP during 1 (one) year, the Audit Committee’s evaluation results are reported for each audit service. For example:
Investment Manager “A” uses audit services for annual historical financial information from KAP “W” and AP “X” for the financial reports of Investment Manager “A” and for 3 (three) mutual fund products managed. Thus, Investment Manager “A” reports the Audit Committee’s evaluation results on the implementation of 4 (four) audit services for annual historical financial information by the aforementioned AP and KAP. The filling guidelines are as follows:

Product Code
a. Filled with letter and/or number characters according to the product code used for the audit of annual historical financial information by AP and KAP registered with the Financial Services Authority. For example, the code for investment products based on collective investment contracts according to the APOLO master data under the investment product menu. b. If the Party is an Investment Manager (sector code “020101”) or Sharia Investment Manager (sector code “020102”), this column is optional.
c. If the Party is other than an Investment Manager (sector code “020101”) or Sharia Investment Manager (sector code “020102”), this column is left blank.
Product Name
a. This column is only filled by parties other than investment managers and/or Sharia investment managers. b. If there are no products audited for annual historical financial information by AP and KAP registered with the Financial Services Authority, this column is left blank.
c. Filled with letter and/or number characters for the name of the product audited for annual historical financial information by AP and KAP registered with the Financial Services Authority.
KAP Assignment Years
Filled with the number of years of KAP assignment.
For example:
KAP “G” provides audit services for annual historical financial information to PT Public Company “GHI” for fiscal years 2021, 2022, 2023, and 2024. In the Audit Committee’s evaluation results on the implementation of services from the audit of annual historical financial information for the fiscal year 2024, PT Public Company “GHI” fills in the “KAP Assignment Years” column with the number 4 (four) in accordance with the number of years of KAP “G”’s assignment at PT Public Company “GHI”.
KAP Name
Filled with the name of KAP as stated in the KAP STTD obtained from the Financial Services Authority.
KAP STTD Number
a. Filled with the KAP STTD number obtained from the Financial Services Authority. b. Filled with letter, number, period (.), slash (/), and/or hyphen (-) characters.
Date of KAP STTD
a. Filled with the date of the KAP STTD determination obtained from the Financial Services Authority. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
AP Name (Signing Partner)
a. Filled with the name of the AP who is the signing partner in providing audit services for annual historical financial information. b. The name of the AP is as stated in the AP STTD obtained from the Financial Services Authority.
AP Registration Number from the Minister
a. Filled with the AP registration number obtained from the Minister. b. Filled with letter, number, and/or period (.) characters.
AP STTD Number
a. Filled with the AP STTD number obtained from the Financial Services Authority in accordance with the Party’s financial services sector.
For example:

PT Bank “ABC” Tbk appoints AP from the list of active AP and KAP and at least registered in the Banking sector and Capital Market sector. Thus, the Party reports the AP STTD number in the Banking sector and the AP STTD number in the Capital Market sector in separate columns.
PT Securities Company “DEF” appoints AP from the list of active AP and KAP and at least registered in the Capital Market sector. Thus, the Party reports the AP STTD number in the Capital Market sector.
PT Insurance “JKL” Tbk appoints AP from the list of active AP and KAP and at least registered in the IKNB sector and Capital Market sector. Thus, the Party reports the AP STTD number in the IKNB sector and the AP STTD number in the Capital Market sector in separate columns.
b. Filled with letter, number, period (.), slash (/), and/or hyphen (-) characters.

Date of AP STTD
a. Filled with the date of the AP STTD determination obtained from the Financial Services Authority. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
AP Assignment Years
a. Filled with the number of years of AP assignment. b. The calculation of AP assignment years is in accordance with the Financial Services Authority Regulation regarding the use of public accountants and public accounting firms in financial services activities. For example:
AP “R” provides audit services for annual historical financial information to PT Bank “ABC” for fiscal years 2017, 2020, 2021, 2023, and 2024. In the Audit Committee’s evaluation results on the implementation of services from the audit of annual historical financial information for the fiscal year 2024, PT Bank “ABC” fills in the “AP Assignment Years” column with the number 5 (five) in accordance with the accumulated years of AP “R”’s assignment at PT Bank “ABC” since the fiscal year 2017.
Audit Opinion Result
a. Filled with 1 (one) digit character according to the audit opinion code. b. Data filling reference:
No. Audit Opinion Code
Unqualified Opinion 1
Qualified Opinion 2
Adverse Opinion 4
Disclaimer of Opinion 5
Date of Independent Auditor’s Report Signing
a. Filled with the date of signing stated in the independent auditor’s report prepared by the AP. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Party Making Evaluation on the Implementation of Audit Services for Annual Historical Financial Information
a. Filled with 2 (two) digit characters according to the code of the party making the evaluation on the implementation of audit services for annual historical financial information. b. Data filling reference:
No. Party Making Evaluation on the Implementation of Audit Services for Annual Historical Financial Information Code
Audit Committee 01
Board of Commissioners 02
Board of Supervisors 03
Party performing supervisory functions as performed by the Board of Commissioners 04

II. Form 01.02 – Document of the Audit Committee’s Evaluation Results on the Implementation of Audit Services for Annual Historical Financial Information

A. The document of the Audit Committee’s evaluation results on the implementation of audit services for annual historical financial information by AP and/or KAP in accordance with the Financial Services Authority Regulation regarding the use of public accountants and public accounting firms in financial services activities.

B. The Audit Committee’s evaluation document is uploaded in pdf format on this form, which must at least cover evaluations on:

the compliance of the audit implementation by AP and/or KAP with applicable audit standards;
the adequacy of fieldwork time;
the review of the scope of services provided and the adequacy of sampling tests; and
improvement recommendations provided by AP and/or KAP.

C. Document Format:
Report of Evaluation Results on the Implementation of Audit Services for Annual Historical Financial Information by Public Accountants and/or Public Accounting Firms

In connection with the implementation of audit services for annual historical financial information by …….. (name of AP and/or KAP) in the position of …….. (audit position for annual historical financial information), we have conducted an evaluation on the implementation of the aforementioned services. Based on the evaluation results, the following matters can be conveyed:

Compliance of the audit implementation by Public Accountants (AP) and/or Public Accounting Firms (KAP) with applicable audit standards
.....
Adequacy of fieldwork time
.....
Review of the scope of services provided and adequacy of sampling tests
.....
Improvement recommendations provided by AP and/or KAP
.....
Other matters (if any)
.....

Thus, please be informed.

Signature *)
(………………………………..)

Note:
*) signed by the Audit Committee of the Entity. In the event the Entity is not required to have an Audit Committee, the evaluation on the implementation of audit services for annual historical financial information by AP and/or KAP is carried out by the Board of Commissioners, Board of Supervisors, or the party performing supervisory functions as performed by the Board of Commissioners.

III. Form 01.03 – Information on Transactions of KAP Service Usage

A. Report Format
KAP SIPO ID
Contract Number between the Entity and KAP
Contract Date
Contract Payment Date
Quarterly Contract Payment Amount

B. Filling Guidelines
This form is filled with information on transaction payments by the Entity to the KAP related to work agreements on services mandated to use AP and/or KAP registered with the Financial Services Authority. The data reporting period is for 1 (one) fiscal year.

As an example:
PT Bank “HIJ” Tbk has a fiscal year ending in December. For the report on the realization of AP and/or KAP service usage for the year 2023 submitted no later than June 30, 2024, PT Bank “HIJ” Tbk submits information on transaction payments to the KAP related to work agreements on services mandated to use AP and/or KAP registered with the Financial Services Authority that were carried out during January 2023 through December 2023.

KAP SIPO ID
Filled with the identification number of the Financial Services Authority’s information system for receipts obtained by the KAP after the KAP has registered in the Financial Services Authority’s information system for receipts.
Contract Number between the Entity and KAP
Filled with the contract number or work agreement number between the Entity and the KAP.
Contract Date
a. Filled with the date of the contract or work agreement between the Entity and the KAP. b. Filled with 8 (eight) digits in the yyyymmdd format.
Contract Payment Date
a. Filled with the date of the contract payment from the Entity to the KAP. b. Filled with 8 (eight) digits in the yyyymmdd format.
Quarter
a. Filled with 1 (one) digit character corresponding to the information on the time quarter the Entity makes the contract payment to the KAP.
As an example:
Bank “A” makes a contract payment to KAP “Y” for audit services on annual historical financial information on November 5, 2023; this column is filled with code 4 - “Quarter IV”.

b. Data filling reference:
No. Quarter Code

Quarter I 1
Quarter II 2
Quarter III 3
Quarter IV 4
Contract Payment Amount
a. Filled with the value of the audit service payment for historical financial information in full unit rupiah after being reduced by value-added tax and income tax. b. Filled with a maximum of 15 (fifteen) digit characters.

Form 3.1.
Number : (City), (date, month, year)
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision Subject: Application for Registration of Public Accountants Providing Services to Entities

Hereby, I submit an application for approval of registration as a Public Accountant (AP) who will provide services to Entities in the financial services sector (Banking/Capital Market/Non-Bank Financial Institutions) *). As consideration material, I hereby submit the following data:

Applicant Data
a. Name : ............................................
b. Residential Address : (Street name and number) ......
............................................
(City) ..................................
(Province) .............................
(Post Code) ...........................
c. Telephone Number : .......................………………..
d. E-mail Address : ............................................
e. AP Registration Number from the Minister : ............................................
Public Accounting Firm (KAP) Data
a. KAP Name : ............................................
b. KAP Address (Head Office) : (Street name and number) ......
............................................
(City) ..................................
(Province) .............................
(Post Code) ...........................
c. KAP Registration Number with the Financial Services Authority :
............................................
(If the KAP is already registered with the Financial Services Authority)

To complete this application, I attach scanned documents as follows:

a valid license from the Minister;
the latest curriculum vitae signed on sufficient stamp duty;
Identity Card;
recent color passport photo with size 4x6 cm;
Taxpayer Identification Number (NPWP);
certificate of professional education program according to the chosen financial services sector (Banking/Capital Market/Non-Bank Financial Institutions) *) obtained within the last 2 (two) years;
notarized cooperation agreement regarding the AP as a Partner in a partnership KAP or license as a sole proprietorship KAP registered with the Financial Services Authority;
a statement letter signed on sufficient stamp duty by the AP; and
other requirement documents requested by the Financial Services Authority (if any).

I, the undersigned, declare that the data and information I submit are true and correct, and if there are errors in the future, I am willing to take responsibility.

Thus, this application is submitted, and I thank you for your attention.

Applicant, stamp
..............................................
(Full Name)

Note:
*) written according to the chosen financial services sector

Form 3.2.
PUBLIC ACCOUNTANT STATEMENT LETTER
FOR REGISTRATION PURPOSES

The undersigned:
Name : …............................................................
Place and Date of Birth : …............................................................
AP Registration Number from the Minister : …............................................................

Hereby declare that I:

have never been subjected to administrative sanctions in the form of cancellation of the Registration Certificate from the Financial Services Authority or previous authorities;
are not listed in the list of non-performing loans and/or financing;
are not included as parties prohibited from becoming main parties in accordance with the Financial Services Authority Regulation regarding the re-evaluation of main parties of financial service institutions; and
do not hold dual positions, namely:
a. do not work at other Public Accounting Firms or other supporting professions in financial services activities registered with the Financial Services Authority; and/or b. do not work at client companies or client business groups with reports to be consolidated.

Thus, this statement letter is made truthfully. If the above statements/information are proven to be untrue and/or there are errors, I am willing to be held accountable in accordance with applicable regulations.

(City), (date, month, year) stamp
..............................................
(Full Name)

Form 3.3.
(City), (date, month, year)
Number :
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision Subject: Application for Registration of Public Accounting Firms Providing Services to Entities

Hereby, I, as the leader of the Public Accounting Firm (KAP) …….. (name of KAP), submit an application for approval of registration as a KAP that will provide services to Entities. As consideration material, I hereby submit the following data:

KAP Name : ............................................
KAP Address (Head Office) : (Street name and number) ......
............................................
(City) ..................................
(Province) .............................
(Post Code) ...........................
Telephone Number : ............................................
E-mail Address : ............................................
KAP Business License Number from the Minister : ............................................
Cooperation or affiliation with foreign public accounting firms (if any)
a. Name of foreign public accounting firm : ............................................
b. Approval letter number from the Minister : ............................................
c. Approval letter date from the Minister : ............................................
Cooperation or affiliation with foreign audit organizations (if any)
a. Name of foreign audit organization : ............................................
b. Approval letter number from the Minister : ............................................
c. Approval letter date from the Minister : ............................................

To complete this application, I attach scanned documents as follows:

a valid business license from the Minister;
the KAP establishment deed along with the latest amendments;
Taxpayer Identification Number (NPWP);
approval letter from the Minister regarding the inclusion of the name of a foreign public accounting firm or foreign audit organization, if the KAP cooperates with a foreign public accounting firm or foreign audit organization;
KAP cooperation agreement with a foreign public accounting firm or foreign audit organization, for KAPs cooperating with foreign public accounting firms or foreign audit organizations, which must at least include quality review and training obligations from the foreign public accounting firm or foreign audit organization to the KAP;
a statement letter signed on sufficient stamp duty by the KAP Leader; and
other requirement documents requested by the Financial Services Authority (if any).

I, the undersigned, declare that the data and information I submit are true and correct, and if there are errors in the future, I am willing to take responsibility.

Thus, this application is submitted, and I thank you for your attention.

Applicant, stamp
..............................................

Form 3.4.
PUBLIC ACCOUNTING FIRM STATEMENT LETTER

The undersigned:
Name : ...............................................................
Place and Date of Birth : ...............................................................
Public Accounting Firm (KAP) Name : ...............................................................
KAP Business License Number from the Minister : ...............................................................

Hereby declare that the KAP …… (name of KAP):

has never been subjected to administrative sanctions in the form of cancellation of the Registration Certificate from the Financial Services Authority or previous authorities;
is not listed in the list of non-performing loans and/or financing; and
is not currently cooperating with foreign public accounting firms or foreign audit organizations that are undergoing sanctions in the form of restrictions on cooperation with KAPs from the Financial Services Authority.

(City), (date, month, year) stamp
..............................................

Form 4.1
(City), (date, month, year)
Number :
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision Subject: Application for Approval to Add Scope of Service Provision in the Banking/Capital Market/Non-Bank Financial Institutions Sector *)

Hereby, I, as a Public Accountant (AP) who has been registered with the Financial Services Authority, submit an application for approval to add the scope of service provision in the Banking/Capital Market/Non-Bank Financial Institutions *) sector. As consideration material, I hereby submit the following data:

Name : .......................................................
Residential Address : (Street name and number) .................
.......................................................
(City) .............................................
(Province) ……………………………..…
(Post Code) ......................................
Telephone Number : ………………………………………….....
E-mail Address : ………………….………………………….
AP Registration Number from the Minister : .......................................................

To complete this application, I attach scanned documents namely:

photocopy of the professional education program certificate for the Banking/Capital Market/Non-Bank Financial Institutions*) sector obtained within the last 2 (two) years; and
other requirement documents requested by the Financial Services Authority (if any).

I, the undersigned, declare that the data and information I submit are true and correct, and if there are errors in the future, I am willing to take responsibility.

Thus, this application is submitted, and I thank you for your attention.

Applicant, stamp
.............................................
(Full Name)

Note:
*) written according to the financial services sector to be added

Form 4.2
(City), (date, month, year)
Number :
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision Subject: Cover Letter for Application for Approval to Reduce Scope of Service Provision in the Banking/Capital Market/Non-Bank Financial Institutions Sector *)

Hereby, I, as the leader of the Public Accounting Firm (KAP) …….. (name of KAP), submit the application document for approval to reduce the scope of service provision of AP as follows:

Name :......................................................
AP Registration Number from the Minister : .......................................................
in the Banking/Capital Market/Non-Bank Financial Institutions *) sector for further processing by the Financial Services Authority.

Thus, this cover letter is submitted, and I thank you for your attention.

KAP Leader, stamp
..............................................

Note:
*) written according to the financial services sector to be reduced

Form 4.3
(City), (date, month, year)
Number :
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision Subject: Application for Approval to Reduce Scope of Service Provision of Public Accountants in the Banking/Capital Market/Non-Bank Financial Institutions Sector *)

Hereby, I, as a Public Accountant (AP) who has been registered with the Financial Services Authority, submit an application for approval to reduce the scope of service provision in the Banking/Capital Market/Non-Bank Financial Institutions *) sector. As consideration material, I hereby submit the following data:

Name : .......................................................
Residential Address : (Street name and number) .................
.......................................................
(City) .............................................
(Province) .......................................
(Post Code) ......................................
Telephone Number : …………………..………………………...
E-mail Address : ………………….………………………….
AP Registration Number from the Minister : .......................................................
AP Registration Certificate (STTD) Number according to the financial services sector to be reduced : ……………………………………………..
Reason for reducing the scope of service provision : .......................................................

To complete this application, I attach scanned documents namely:

a statement letter; and
other requirement documents requested by the Financial Services Authority (if any).

I, the undersigned, declare that the data and information I submit are true and correct, and if there are errors in the future, I am willing to take responsibility.

Thus, this application is submitted, and I thank you for your attention.

Applicant, stamp
.............................................
(Full Name)

Note:
*) written according to the financial services sector to be reduced

Form 4.4
PUBLIC ACCOUNTANT STATEMENT LETTER
FOR THE PURPOSE OF REDUCING THE SCOPE OF SERVICE PROVISION

The undersigned:

Name : ………………………………………………
Place and Date of Birth : ………………………………………………
AP Registration Number from the Minister : ………………………………………………

Hereby declare that I am not currently providing services to Entities in the Banking/Capital Market/Non-Bank Financial Institutions *) sector and am currently/not currently ( ) in the period of sanction imposition.

(City), (date, month, year) stamp
..............................................
(Full Name)

Note:
*) written according to the financial services sector to be reduced ) written according to the condition of the AP submitting the resignation request

Form 5.1
(City), (date, month, year)
Number :
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision Subject: Application for Reactivation from the List of Public Accountants Temporarily Inactive

Hereby, I submit an application for reactivation from the list of Public Accountants (AP) who are temporarily inactive. As consideration material, I hereby submit the following data:

Name : .........................................................
Residential Address : (Street name and number) ...................
.........................................................
(City) .............................................
(Province) ..........................................
(Post Code) ........................................
AP Registration Number from the Minister : .........................................................
Date of cessation of service end : .........................................................
Number of document serving as reference for AP becoming temporarily inactive : ..........................................................
Public Accounting Firm Name : ..........................................................

To complete this application, I attach documents namely photocopies of the continuing professional education program certificate equal to the number of continuing professional education credit units mandated and other requirement documents requested by the Financial Services Authority (if any).

I, the undersigned, declare that the data and information I submit are true and correct, and if there are errors in the future, I am willing to take responsibility.

Thus, this application is submitted, and I thank you for your attention.

Applicant, stamp
.............................................
(Full Name)

Form 5.2
Number : (City), (date, month, year)
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Financial, and Carbon Exchange Supervision Subject: Application for Reactivation from the List of Public Accounting Firms Temporarily Inactive

Hereby, I, as the leader of the Public Accounting Firm (KAP) …….. (name of KAP), submit an application for reactivation from the list of temporarily inactive KAPs. As consideration material, I hereby submit the following data:

KAP Name : .........................................................
KAP Address : (Street name and number) ...................
.........................................................
(City) .............................................
(Province) ..........................................
(Post Code) ........................................
KAP Business License Number from the Minister : .........................................................
Date of cessation of service end : .........................................................
Number of document serving as reference for KAP becoming temporarily inactive : .........................................................

To complete this application, I attach other requirement documents requested by the Financial Services Authority (if any).

I, the undersigned, declare that the data and information I submit are true and correct, and if there are errors in the future, I am willing to take responsibility.

Thus, this application is submitted, and I thank you for your attention.

Applicant, stamp
.............................................

Form 6.1
( City ), ( date, month, year )
Number :
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Finance, and Carbon Exchange Supervision Subject: Request for Resignation of Public Accountant

I hereby submit a request for approval to resign as a Public Accountant (PA) who provides services to the Party. As consideration material, I hereby submit the following data:

Name : ......................................................
Residential Address: (Street name and number) ................
......................................................
( City ) ............................................
( Province ) .......................................
( Postal Code ) .....................................
PA Registration Number
from the Minister : ......................................................
PA Registration Certificate Number at
the Financial Services Authority: (Banking) *
....................................
(Capital Market) *…………………………..
(Non-Bank Financial Institutions) *…………………………………….
Reason for resignation : ......................................................

To complete this request, I attach the following documents:

a certificate from the Public Accounting Firm (for PAs who are partners of the PA Firm);
a statement that I am not currently providing services to the Party and am/am not *) under sanction;
other requirement documents requested by the Financial Services Authority (if any).

I, the undersigned, declare that the data and information I submit are true, and if any errors are found later, I am willing to take responsibility.

Thus, I submit this request, and thank you for your attention.

Applicant, stamp
.............................................
(Full Name)

Note:
*) filled in accordance with the Registration Certificate issued by the Financial Services Authority.
*) filled in accordance with the condition of the PA submitting the resignation request.

Form 6.2
CERTIFICATE OF PUBLIC ACCOUNTING FIRM (PAF)
IN THE FRAMEWORK OF PUBLIC ACCOUNTANT (PA) RESIGNATION

The undersigned:

Name : ......................................................
Place and Date of Birth : ......................................................
Residential Address: (Street name and number) ….............
......................................................
( City ) ............................................
( Province ) .......................................
( Postal Code ) ...............…………………
PAF Address (Head Office): (Street name and number) ................
( City ) ............................................
( Province ) .......................................
( Postal Code ) .....................................
PAF Business License Number from the Minister : ......................................................
PAF Registration Certificate Number at
the Financial Services Authority : ......................................................

As the leader of PAF …….. (PAF name), I hereby state that the PA under the name .......... (PA name) with PA registration number ........ (PA registration number) is not currently providing services to the Party and is/am not *) under sanction.

Thus, I make this statement truthfully. If the above statement/information is proven untrue and/or there are errors, I am willing to be held accountable according to applicable regulations.

( City ), ( date, month, year )
PAF Leader stamp
..............................................

Note:
*) filled in accordance with the condition of the PA submitting the resignation request.

Form 6.3
PUBLIC ACCOUNTANT STATEMENT
IN THE FRAMEWORK OF RESIGNATION

The undersigned:

Name : ...............................................................
Place and Date of Birth : ...............................................................
Residential Address: (Street name and number) .........................
...............................................................
( City ) .....................................................
( Province ) ................................................
( Postal Code ) ..............................................
PA Registration Number from the Minister : ...............................................................

Hereby state that I am not currently providing services to the Party and am/am not *) under sanction.

Thus, I make this statement truthfully. If the above statement/information is proven untrue and/or there are errors, I am willing to be held accountable according to applicable regulations.

( City ), ( date, month, year ) stamp
..............................................
(Full Name)

Note:
*) filled in accordance with the condition of the PA submitting the resignation request.

Form 6.4
( City ), ( date, month, year )
Number :
Attachment :
To: Financial Services Authority
Attention: Executive Head of Capital Market, Derivative Finance, and Carbon Exchange Supervision Subject: Request for Resignation of Public Accounting Firm

I, as the leader of Public Accounting Firm (PAF) …….. (PAF name) hereby submit a resignation as a PAF that provides services to the Party. As consideration material, I hereby submit the following data:

PAF Name :........................................................
PAF Address (Head Office): (Street name and number) .….............
.......................................................
( City ) .............................................
( Province ) ........................................
( Postal Code ) ......................................
PAF Business License Number from the Minister : .......................................................
Reason for PAF resignation : .......................................................

To complete this request, I attach the following documents:

a statement that the PAF is not currently providing services to the Party and is/am not *) under sanction;
other requirement documents requested by the Financial Services Authority (if any).

I, the undersigned, declare that the data and information I submit are true, and if any errors are found later, I am willing to take responsibility.

Thus, I submit this request, and thank you for your attention.

Applicant,
PAF Leader stamp
................................................

Note:
*) filled in accordance with the condition of the PAF submitting the resignation request.

Form 6.5
PUBLIC ACCOUNTING FIRM STATEMENT
IN THE FRAMEWORK OF RESIGNATION

The undersigned:

Name : ...............................................................
Place and Date of Birth : ...............................................................
Date of Birth : ...............................................................
Residential Address: (Street name and number) .........................
...............................................................
( City ) …..................................................
( Province ) ….............................................
( Postal Code ) ..............................................
PAF Address (Head Office): (Street name and number)
...............................................................
( City ) .....................................................
( Province ) ….............................................
( Postal Code ) ..............................................
PAF Business License Number
from the Minister : ...............................................................
PAF Registration Certificate Number
at the Financial Services Authority : ...............................................................

As the leader of PAF …….. (PAF name), I hereby state that the PAF …… (PAF name) is not currently providing services to the Party and is/am not *) under sanction.

Thus, I make this statement truthfully. If the above statement/information is proven untrue and/or there are errors, I am willing to be held accountable according to applicable regulations.

( City ), ( date, month, year )
PAF Leader stamp
..............................................

Note:
*) filled in accordance with the condition of the PAF submitting the resignation request.

Form 7.
Report on PAF Service Activities to the Party

I. Form 01.01 – PAF Information
A. Report Format
Component Name
PAF Registration Certificate Number (STTD)
PAF Name
PAF License Number from the Minister
PAF Leader – Name
PAF Leader – PA Registration Number from the Minister PAF Leader – National Identity Number Electronic Mail Address (E-mail) Address Regency/City Office Coordinates Telephone Number Reporting Person in Charge – Name Reporting Person in Charge – Mobile Number Foreign Public Accounting Firm or Foreign Audit Organization – Code Foreign Public Accounting Firm or Foreign Audit Organization – Name Taxpayer Identification Number (NPWP)

B. Filling Guidelines

PAF Registration Certificate Number (STTD)
a. Filled with the PAF STTD number obtained from the Financial Services Authority. b. Filled with letter characters, numbers, periods (.), slashes (/), and/or hyphens (-).
PAF Name
Filled with the PAF name as stated in the PAF STTD obtained from the Financial Services Authority.
PAF License Number from the Minister
a. Filled with the PAF license number received from the Minister. b. Filled with letter characters, numbers, periods (.), slashes (/), and/or hyphens (-).
PAF Leader – Name
Filled with the PAF leader's name as stated in the PA STTD obtained from the Financial Services Authority.
PAF Leader – PA Registration Number from the Minister
a. Filled with the PAF leader's PA registration number obtained from the Minister. b. Filled with letter characters, numbers, and/or periods (.).
PAF Leader – National Identity Number
a. Filled with the PAF leader's national identity number as stated in the PAF leader's ID card. b. Filled with a maximum of 16 (sixteen) digit numbers.
Electronic Mail Address (E-mail)
Filled with the PAF's electronic mail (e-mail) address.
Address
Filled with the PAF address showing the current location at the time of reporting.
Regency/City
Filled with a 4 (four) digit code for the regency or city.
Office Coordinates
a. Filled with the PAF's latitude and longitude information. b. Latitude is the latitude line coordinate point showing the office location in decimal degree format.
c. Longitude is the longitude line coordinate point showing the office location in decimal degree format.
d. Filled with number characters, spaces, periods (.), commas (,), and hyphens (-).
As an example:
PAF “A” latitude is located at -6.182868701302157 and longitude is located at 106.81939399612494. PAF “A” fills the office coordinate row with “-6.182868, 106.819393”.
Telephone Number
Filled with the PAF's telephone number consisting of a maximum of 15 (fifteen) digit numbers including the area code.
Reporting Person in Charge – Name
a. Filled with the name of the party from the PAF who is the person in charge of submitting the PAF service activity report to the Party to the Financial Services Authority. b. Filled with the name stated in the identity document (without academic title abbreviations, status, and religious titles).
Reporting Person in Charge – Mobile Number
a. Filled with the mobile number of the party from the PAF who is the person in charge of submitting the PAF service activity report to the Party to the Financial Services Authority. b. Filled with a maximum of 15 (fifteen) digit numbers including the area code.
Foreign Public Accounting Firm or Foreign Audit Organization – Code
a. Filled with 7 (seven) digit code characters or the foreign public accounting firm or foreign audit organization's organization number referring to the list of PAFs cooperating with foreign public accounting firms or foreign audit organizations published by the Ministry of Finance of the Republic of Indonesia, General Secretariat, Center for Financial Profession Development at the time of the reporting period. b. If the PAF does not cooperate with a foreign public accounting firm or foreign audit organization, this column is filled with “EA.0000”.
Foreign Public Accounting Firm or Foreign Audit Organization – Name
a. Filled with the name of the foreign public accounting firm or foreign audit organization cooperating with the Party. b. If the Foreign Public Accounting Firm or Foreign Audit Organization – Code row is filled with “EA.0000”, this column is left blank.
NPWP
a. Filled with the Taxpayer Identification Number (NPWP). b. If the NPWP contains characters other than numbers, those characters do not need to be included.
c. Filled with a maximum of 25 (twenty-five) digit numbers.

II. Form 01.02 – List of Registered PAs
A. Report Format
National Identity Number
Name
PA Registration Number from the Minister
Banking Sector
STTD Number
STTD Date
Capital Market Sector
STTD Number
STTD Date
IKNB Sector
STTD Number
STTD Date
Position in PAF

B. Filling Guidelines
In the event that the PAF has more than 1 (one) PA registered with the Financial Services Authority, all PAs registered with the Financial Services Authority are reported on this form. The filling guidelines are as follows:

National Identity Number
a. Filled with the PAF leader's national identity number as stated in the PAF leader's ID card. b. Filled with a maximum of 16 (sixteen) digit numbers.
Name
a. Filled with the name of the PA registered with the Financial Services Authority. b. PA name as stated in the PA STTD obtained from the Financial Services Authority.
PA Registration Number from the Minister
a. Filled with the PA registration number obtained from the Minister. b. Filled with letter characters, numbers, and/or periods (.).
Banking Sector
a. STTD Number

Filled with the PA STTD number obtained from the Financial Services Authority for the Banking sector (if any).
Filled with letter characters, numbers, periods (.), slashes (/), and/or hyphens (-).
b. STTD Date
Filled with the date of the PA STTD determination obtained from the Financial Services Authority for the Banking sector (if any).
Filled with 8 (eight) digit numbers in yyyymmdd format.

Capital Market Sector
a. STTD Number

Filled with the PA STTD number obtained from the Financial Services Authority for the Capital Market sector (if any).
Filled with letter characters, numbers, periods (.), slashes (/), and/or hyphens (-).
b. STTD Date
Filled with the date of the PA STTD determination obtained from the Financial Services Authority for the Capital Market sector (if any).
Filled with 8 (eight) digit numbers in yyyymmdd format.

IKNB Sector
a. STTD Number

Filled with the PA STTD number obtained from the Financial Services Authority for the IKNB sector (if any).
Filled with letter characters, numbers, periods (.), slashes (/), and/or hyphens (-).
b. STTD Date
Filled with the date of the PA STTD determination obtained from the Financial Services Authority for the IKNB sector (if any).
Filled with 8 (eight) digit numbers in yyyymmdd format.

Position in PAF
a. Filled with 1 (one) digit code character for the position in the PAF. b. Data filling reference:
No. Position in PAF Code
PAF Leader 1
PA Partner 2
Non-Partner PA 3

III. Form 01.03 – List of Audit Team Members Other Than Registered PAs
A. Report Format
Identity Number
Name
Citizenship Status
PA Registration Number from the Minister
Position in PAF

B. Filling Guidelines
In the event that there is more than 1 (one) audit team member other than the PA registered with the Financial Services Authority, all audit team members other than the PA registered with the Financial Services Authority are reported on this form, including audit team members who are PAs who have obtained permission from the Minister but are not registered with the Financial Services Authority.

Identity Number
a. Filled with the identity number of the audit team member other than the PA registered with the Financial Services Authority as stated in the identity document. b. Identity numbers include national identity numbers for Indonesian citizens and passport numbers for foreign citizens.
c. Filled with letter characters, numbers, periods (.), and/or hyphens (-).
Name
Filled with the name of the audit team member as stated in the identity document (without academic title abbreviations, status, and religious titles).
Citizenship Status
a. Filled with 1 (one) digit character according to the citizenship status code. b. Data filling reference:
No. Citizenship Status Code
Indonesian Citizen 1
Foreign Citizen 2
PA Registration Number from the Minister
a. Filled with the PA registration number obtained from the Minister. b. Filled with letter characters, numbers, and/or periods (.).
Position in PAF
a. Filled with 1 (one) digit character according to the position code in the PAF. b. Data filling reference:
No. Position in PAF Code
PA Partner 2
Non-Partner PA 3
Non-PA Partner 4
Non-Partner and Non-PA 5

IV. Form 02.00 – List of Employment Agreements Signed in the Reporting Period
A. Report Format
Employment Agreement Number
Employment Agreement Date
Client Address
Service Remuneration Amount

B. Filling Guidelines
In the event that the PAF signs more than 1 (one) employment agreement in the reporting period, namely the period of 1 (one) year from April 1 to March 31 of the following year or from registration with the Financial Services Authority to March 31 of the following year if the PAF has been registered for less than 1 (one) year, all such employment agreements are reported on this form.

Employment Agreement Number
Filled with the number of the employment agreement or contract between the PAF and the Party.
Employment Agreement Date
a. Filled with the date of the employment agreement or contract between the PAF and the Party. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Client Address
Filled with the address of the Party provided services by the PAF.
Service Remuneration Amount
a. Filled with the total value of service remuneration received by the PAF. b. Service remuneration value is reported in full rupiah currency units as the value of the service remuneration after deducting value-added tax and income tax.
c. Filled with a maximum of 15 (fifteen) digit numbers.

V. Form 02.01 – List of Assignments Completed in the Same Reporting Period
A. Report Format
Employment Agreement Number
Employment Agreement Date
Assignment ID
PA Registration Number of Assigned PA (Signing Partner) from the Minister Client Code Client Sector Issuer/ Non-issuer Product/ Non-product Product Code Communication between PA and/or PAF with the Financial Services Authority in the Framework of Preparation and Implementation of Audit of Annual Historical Financial Information Service Remuneration Amount Type of Engagement Name Type of Other Engagement Number/Explanation Communication Form Date Reporting Period that is the Object of Audit, Examination, or Other Assignment PAF Assignment Year PA Assignment Year Opinion/Opinion Date Report Date Auditor for Historical Financial Information Audit For Other Services Assignment Period Service Provision Date Start Date End Date

B. Filling Guidelines
This form is filled with audit, examination, or other assignments based on financial services sector legislation or written instructions from the Financial Services Authority carried out by the PAF according to the employment agreement signed in the reporting period and completed in the reporting period. In the event that the PAF completes more than 1 (one) assignment in the reporting period, all completed assignments are reported on this form.

Employment Agreement Number
Filled with the number of the employment agreement or contract between the PAF and the Party.
Employment Agreement Date
a. Filled with the date of the employment agreement or contract between the PAF and the Party. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Assignment ID
a. Filled with the assignment ID which is a unique assignment number determined by the PAF for each assignment. b. Filled with letter and/or number characters up to 20 (twenty) digits.
PA Registration Number of Assigned PA (Signing Partner) from the Minister
a. Filled with the PA registration number of the PA assigned to sign the audit, examination, or other assignment report. b. The registration number is the PA registration number obtained from the Minister.
c. Filled with letter characters, numbers, and/or periods (.).
Client Code
Filled with the code of the Party provided services by the PAF. The Party code is established by the Financial Services Authority.
Client Sector
a. Filled with 1 (one) digit character according to the client sector code. b. Data filling reference:
No. Client Sector Code
Banking 1
Capital Market 2
IKNB 3
Issuer/Non-issuer
a. Filled with 1 (one) digit character according to the issuer/non-issuer code. b. If the assigning Party is an issuer, this column is filled with code 1 – “Issuer”. If the assigning Party is not an issuer, this column is filled with code 2 – “Non-issuer”.
c. Data filling reference:
No. Issuer/Non-Issuer Code
Issuer 1
Non-issuer 2
Product/Non-product
a. Filled with 2 (two) digit characters according to the product/non-product code. b. Filled with information regarding the assignment object.
As an example:
If the PAF carries out an audit service assignment on annual historical financial information for a bank, this column is filled with code 00 – “Not a Product”.
c. Data filling reference:
No. Product/Non-product Code
Not a Product 00
Mutual Funds 01
Asset-Backed Securities (ABS) 02
Investment Funds 03
Other products 99
Product Code
a. Filled with the product code that is the object of the audit, examination, or other assignment.

b. Filled with letter and/or number characters according to the product code in the APOLO master data sub-menu for investment products.
c. This column is mandatory if the “Product/Non-product” column is filled with anything other than code 00 - “Not a Product”.

Communication between the Public Accountant (PA) and/or Public Accounting Firm (PAF) with the Financial Services Authority (OJK) in the Context of Preparation and Implementation of Audit of Annual Historical Financial Information
a. Number/Explanation of Communication Form

Filled with the document number of communication between the PAF and OJK or an explanation of the form of communication between the PAF and OJK in the context of preparation and implementation of audit of annual historical financial information to financial services institutions in accordance with Financial Services Authority Regulations regarding the use of public accountants and public accounting firms in financial services activities.
Example:
If communication is conducted via written letter, this column can be filled with the letter number. If communication is conducted via electronic mail or meeting, this column can be filled with an explanation of the form of communication (electronic mail, physical meeting, or virtual meeting).
This column is mandatory for Parties in the form of banks, securities companies, investment advisors, and Non-Bank Financial Institutions (IKNB).
b. Date
In the event that communication is conducted more than 1 (one) time, filled with the date of the initial communication conducted by the PAF with OJK in the context of preparation and implementation of audit of annual historical financial information.
This column is mandatory for Parties in the form of banks, securities companies, investment advisors, and IKNB.
Filled with 8 (eight) digit numbers in yyyymmdd format.

Total Service Remuneration
a. Filled with the total value of service remuneration received by the PAF. b. The value of service remuneration is reported in full Indonesian Rupiah currency as the value of service remuneration after being reduced by Value Added Tax (VAT) and Income Tax.
c. Filled with a maximum of 15 (fifteen) digit numbers.
Type of Engagement
a. Filled with 2 (two) digit characters according to the type of engagement code. b. Data filling reference:
No. Type of Engagement Code
Audit services on historical financial information 01
Review services on historical financial information 02
Other Assurance 03
Agreed-Upon Procedure Services - AUP (agreed upon procedure)
Others 99
Name of Other Type of Engagement
a. Filled with the name of other type of engagement if the “Type of Engagement” column is filled with code 03 - “Other Assurance” or code 99 - “Others”. b. If the “Type of Engagement” column is filled with anything other than code 03 - “Other Assurance” or code 99 - “Others”, this column is left empty.
Reporting Period that is the Object of Audit, Examination, or Other Assignment
a. Filled with the reporting period that is the object of audit, examination, or other assignment. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
PAF Assignment Year
Filled with the number of years of PAF assignment.
Example:
PAF “C” provides audit services on annual historical financial information to Pension Fund “ABC” for the fiscal years 2021 and 2022. Subsequently, according to the contract between PAF “C” and Pension Fund “ABC” dated July 1, 2023, PAF “C” provides audit services on annual historical financial information for the fiscal year 2023. The service was completed within the reporting period. In the report on the provision of PAF services to the Party for the period April 1, 2023 to March 31, 2024, PAF “C” fills the “PAF Assignment Year” column on this form for the contract for audit services on annual historical financial information for fiscal year 2023 with the number 3 (three) according to the number of years of PAF “C” assignment since 2021.
PA Assignment Year
a. Filled with the number of years of PA assignment. b. The calculation of PA assignment years for audit services on annual historical financial information is in accordance with Financial Services Authority Regulations regarding the use of public accountants and public accounting firms in financial services activities. Example:
PA “B” under PAF “C” has provided audit services on annual historical financial information to Pension Fund “ABC” for the fiscal years 2021 and 2022. Subsequently, according to the contract between PAF “C” and Pension Fund “ABC” dated July 1, 2023, PA “B” provides audit services on annual historical financial information for the fiscal year 2023. The service was completed on March 1, 2024. In the report on the provision of PAF services to the Party for the period April 1, 2023 to March 31, 2024, PAF “C” fills the “PA Assignment Year” column on this form for the contract for audit services on annual historical financial information for fiscal year 2023 with the number 3 (three) according to the number of years of PA “B” assignment at Pension Fund “ABC” since fiscal year 2021.
Opinion/View
a. On Audit of Historical Financial Information

Filled with 1 (one) digit character according to the audit opinion code.
This column is mandatory if the “Type of Engagement” column is filled with code 01 - “Audit services on historical financial information”.
Data filling reference:
No. Audit Opinion Code

Unmodified Opinion 1
Qualified Opinion 2
Adverse Opinion 4
Disclaimer of Opinion 5
b. On Other Services

If the “Type of Engagement” column is filled with code 01 - “Audit services on historical financial information”, this column is left empty.
If the “Type of Engagement” column is filled with code 02 - “Review services on historical financial information” and code 03 - “Other Assurance”, this column is mandatory and filled with the opinion or view provided by the PAF regarding the results of the review of historical financial information and other assurance.
If the “Type of Engagement” column is filled with code 04 - “Agreed-Upon Procedure Services - AUP (agreed upon procedure)” and code 99 - “Others”, this column is optional and can be filled with the opinion or view provided by the PAF regarding the results of agreed-upon procedure services and other assignments.

Auditor Report Date
a. Filled with the date of the report or audit results, examination, or other assignment. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
c. This column is optional.
Assignment Period
a. Start Date

Filled with the date the PAF assignment period at the Party began, namely the date of fieldwork or signing of the assignment, whichever is earlier.
Filled with 8 (eight) digit numbers in yyyymmdd format.
b. End Date
Filled with the date the PAF assignment period at the Party ended, namely the date of the PA report or written notification by the PA or PAF or client to OJK that the assignment has been completed, whichever is earlier.
Filled with 8 (eight) digit numbers in yyyymmdd format.

Service Provision Description
a. Filled if the “Product/Non-product” column is filled with code 00 – “Not a Product”. b. Filled with a description of the purpose of service provision.
Example:
PAF “A” reports audit assignment on annual historical financial information for Pension Fund “B”, PAF “A” fills this column with the description “pension fund institution”.

B. Filling Guidelines
This form is filled with audit, examination, or other assignments based on financial services legislation or written instructions from OJK that are implemented by the PAF according to a work agreement signed during the reporting period but cannot be completed in the reporting period. In the event that there is more than 1 (one) incomplete assignment in the same reporting period, all incomplete assignments are reported on this form.

Contract Number
Filled with the contract number or agreement between the PAF and the Party.
Date of Contract
a. Filled with the date of the contract or agreement between the PAF and the Party. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Assignment ID
a. Filled with the assignment ID which is a unique assignment number determined by the PAF for each assignment. b. Filled with letter and/or number characters up to 20 (twenty) digits.
Registration Number of Assigned PA (Signing Partner) from the Ministry
a. Filled with the registration number of the PA assigned to sign the audit, examination, or other assignment report. b. The registration number is the PA registration number obtained from the Ministry.
c. Filled with letter, number, and/or dot (.) characters.
Client Code
Filled with the Party code provided services by the PAF. The Party code is determined by OJK.
Client Sector
a. Filled with 1 (one) digit character according to the client sector code. b. Data filling reference:
No. Client Sector Code
Banking 1
Capital Market 2
IKNB 3
Issuer/Non-issuer
a. Filled with 1 (one) digit character according to the issuer/non-issuer code. b. If the assigning Party is an issuer, this column is filled with code 1 - “Issuer”. If the assigning Party is not an issuer, this column is filled with code 2 - “Non-Issuer”.
c. Data filling reference:
No. Issuer/Non-Issuer Code
Issuer 1
Non-issuer 2
Product/Non-product
a. Filled with 2 (two) digit characters according to the product/non-product code. b. Filled with information regarding the object of the assignment.
Example:
If the PAF conducts audit services on annual historical financial information for a bank, this column is filled with code 00 - “Not a Product”.
c. Data filling reference:
No. Product/Non-product Code
Not a Product 00
Mutual Fund 01
Asset-Backed Securities (EBA) 02
Investment Fund 03
Other products 99
Product Code
a. Filled with the product code that is the object of audit, examination, or other assignment. b. Filled with letter and/or number characters according to the product code. Example, investment product code based on collective investment contracts according to APOLO master data sub-menu for investment products.
c. This column is mandatory if the “Product/Non-product” column is filled with anything other than code 00 - “Not a Product”.
Communication between PA and/or PAF with OJK in the Context of Preparation and Implementation of Audit of Annual Historical Financial Information
a. Number/Explanation of Communication Form

Filled with the document number of communication between the PAF and OJK or an explanation of the form of communication between the PAF and OJK in the context of preparation and implementation of audit of annual historical financial information to financial services institutions in accordance with Financial Services Authority Regulations regarding the use of public accountants and public accounting firms in financial services activity.
Example:
If communication is conducted via written letter, this column can be filled with the letter number. If communication is conducted via electronic mail or meeting, this column can be filled with an explanation of the form of communication (electronic mail, physical meeting, or virtual meeting).
This column is mandatory for Parties in the form of banks, securities companies, investment advisors, and IKNB.
b. Date
In the event that communication is conducted more than 1 (one) time, filled with the date of the initial communication conducted by the PAF with OJK in the context of preparation and implementation of audit of annual historical financial information.
This column is mandatory for Parties in the form of banks, securities companies, investment advisors, and IKNB.
Filled with 8 (eight) digit numbers in yyyymmdd format.

Total Service Remuneration
a. Filled with the total value of service remuneration received by the PAF. b. The value of service remuneration is reported in full Indonesian Rupiah currency as the value of service remuneration after being reduced by Value Added Tax (VAT) and Income Tax.
c. Filled with a maximum of 15 (fifteen) digit numbers.
Type of Engagement
a. Filled with 2 (two) digit characters according to the type of engagement code. b. Data filling reference:
No. Type of Engagement Code
Audit services on historical financial information 01
Review services on historical financial information 02
Other Assurance 03
Agreed-Upon Procedure Services - AUP (agreed upon procedure)
Others 99
Name of Other Type of Engagement
a. Filled with the name of other type of engagement if the “Type of Engagement” column is filled with code 03 - “Other Assurance” or code 99 - “Others”. b. If the “Type of Engagement” column is filled with anything other than code 03 - “Other Assurance” or code 99 - “Others”, this column is left empty.
Reporting Period that is the Object of Audit, Examination, or Other Assignment
a. Filled with the reporting period that is the object of audit, examination, or other assignment. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
PAF Assignment Year
Filled with the number of years of PAF assignment.
Example:
PAF “C” provides audit services on annual historical financial information to Pension Fund “ABC” for the fiscal years 2021 and 2022. Subsequently, according to the contract between PAF “C” and Pension Fund “ABC” dated July 1, 2023, PAF “C” provides audit services on annual historical financial information for the fiscal year 2023. The service was not completed during the reporting period. In the report on the provision of PAF services to the Party for the period April 1, 2023 to March 31, 2024, PAF “C” fills the “PAF Assignment Year” column on this form for the contract for audit services on annual historical financial information for fiscal year 2023 with the number 3 (three) according to the number of years of PAF “C” assignment since 2021.
PA Assignment Year
a. Filled with the number of years of PA assignment. b. The calculation of PA assignment years for audit services on annual historical financial information is in accordance with Financial Services Authority Regulations regarding the use of public accountants and public accounting firms in financial services activity. Example:
PA “B” under PAF “C” has provided audit services on annual historical financial information to Pension Fund “ABC” for the fiscal years 2021 and 2022. Subsequently, according to the contract between PAF “C” and Pension Fund “ABC” dated July 1, 2023, PA “B” provides audit services on annual historical financial information for the fiscal year 2023. The service was not completed during the reporting period. In the report on the provision of PAF services to the Party for the period April 1, 2023 to March 31, 2024, PAF “C” fills the “PA Assignment Year” column on this form for the contract for audit services on annual historical financial information for fiscal year 2023 with the number 3 (three) according to the number of years of PA “B” assignment at Pension Fund “ABC” since fiscal year 2021.
Service Provision Description
a. Filled if the “Product/Non-product” column is filled with code 00 – “Not a Product”. b. Filled with a description of the purpose of service provision.
Example:
PAF “A” reports audit assignment on annual historical financial information for Pension Fund “B”, PAF “A” fills this column with the description “pension fund institution”.

B. Filling Guidelines
This form is filled with audit, examination, or other assignments based on financial services legislation or written instructions from OJK that are implemented by the PAF according to a work agreement signed during the previous reporting period but only completed in the current reporting period. In the event that the PAF completes more than 1 (one) assignment based on a work agreement signed during the previous reporting period in the current reporting period, all such assignments are reported on this form.

Contract Number
Filled with the contract number or agreement between the PAF and the Party.
Date of Contract
a. Filled with the date of the contract or agreement between the PAF and the Party. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Assignment ID
a. Filled with the assignment ID which is a unique assignment number determined by the PAF for each assignment. b. Filled with letter and/or number characters up to 20 (twenty) digits.
Previous Reporting Period
a. Filled with the previous reporting period, namely April 1 of 2 (two) years before the reporting year or until March 31 of 1 (one) year before the reporting year.
Example:
In the report on the provision of PAF services to the Party for the period April 1, 2023 to March 31, 2024 reported no later than April 15, 2024, the previous reporting period was April 1, 2022 to March 31, 2023. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Type of Engagement
a. Filled with 2 (two) digit characters according to the type of engagement code. b. Data filling reference:
No. Type of Engagement Code
Audit services on historical financial information 01
Review services on historical financial information 02
Other Assurance 03
Agreed-Upon Procedure Services - AUP (agreed upon procedure)
Others 99
Reporting Period that is the Object of Audit, Examination, or Other Assignment
a. Filled with the reporting period that is the object of audit, examination, or other assignment. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Opinion/View
a. On Audit of Historical Financial Information

Filled with 1 (one) digit character according to the audit opinion code.
This column is mandatory if the “Type of Engagement” column is filled with code 01 - “Audit services on historical financial information”.
Data filling reference:
No. Audit Opinion Code

Unmodified Opinion 1
Qualified Opinion 2
Adverse Opinion 4
Disclaimer of Opinion 5
b. On Other Services

If the “Type of Engagement” column is filled with code 01 - “Audit services on historical financial information”, this column is left empty.
If the “Type of Engagement” column is filled with code 02 - “Review services on historical financial information” and code 03 - “Other Assurance”, this column is mandatory and filled with the opinion or view provided by the PAF regarding the results of the review of historical financial information and other assurance.
If the “Type of Engagement” column is filled with code 04 - “Agreed-Upon Procedure Services - AUP (agreed upon procedure)” and code 99 - “Others”, this column is optional and can be filled with the opinion or view provided by the PAF regarding the results of agreed-upon procedure services and other assignments.

Auditor Report Date
a. Filled with the date of the report or audit results, examination, or other assignment. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
c. This column is optional.
Assignment Period
a. Start Date

Filled with the date the PAF assignment period at the Party began, namely the date of fieldwork or signing of the assignment, whichever is earlier.
Filled with 8 (eight) digit numbers in yyyymmdd format.
b. End Date
Filled with the date the PAF assignment period at the Party ended, namely the date of the PA report or written notification by the PA or PAF or client to OJK that the assignment has been completed, whichever is earlier.
Filled with 8 (eight) digit numbers in yyyymmdd format.

Client Code
Filled with the Party code provided services by the PAF. The Party code is determined by OJK.

B. Filling Guidelines
In the event that there is more than 1 (one) audit team member who conducts assignments to Parties, all audit team members are reported on this form.

Contract Number
Filled with the contract number or agreement between the PAF and the Party.
Date of Contract
a. Filled with the date of the contract or agreement between the PAF and the Party. b. Filled with 8 (eight) digit numbers in yyyymmdd format.
Assignment ID
a. Filled with the assignment ID which is a unique assignment number determined by the PAF for each assignment. b. Filled with letter and/or number characters up to 20 (twenty) digits.
Identity Number
a. Filled with the identity number of the audit team member as stated in the identity document. b. Identity numbers include the population index number for Indonesian citizens and passport numbers for foreign citizens.
c. Filled with letter, number, dot (.), and/or hyphen (-) characters.
Position in Assignment Team
Filled with the position of the audit team member in the assignment. a. Partner Signing (Signing Partner)

Filled with 1 (one) digit character according to the position in assignment team code - partner signing.
Data filling reference:
No. Position in Assignment Team – Partner Signing Code

Yes 1
No 2
b. Partner Engagement (Engagement Partner)

Filled with 1 (one) digit character according to the position in assignment team code - partner engagement.
Data filling reference:
No. Position in Assignment Team – Partner Engagement Code

Yes 1
No 2
c. Head/Member of Team

Filled with 1 (one) digit character according to the position in assignment team code – head/member of team.
Data filling reference:
No. Position in Assignment Team – Head/Member of Team Code

Head 1
Member 2
Not Holding Position 3
d. Quality Control Reviewer

Filled with 1 (one) digit character according to the position in assignment team code – quality control reviewer.
Data filling reference:
No. Position in Assignment Team – Quality Control Reviewer Code

Yes 1
No 2
Assignment Year of Audit Team Member
a. Filled with the number of years of assignment of audit team members at the Party. b. The calculation of assignment years for audit services on annual historical financial information for audit team members who are PAs is in accordance with Financial Services Authority Regulations regarding the use of public accountants and public accounting firms in financial services activity. Example:
PA “B” under PAF “C” has provided audit services on annual historical financial information to Pension Fund “ABC” for the fiscal years 2021 and 2022.

Furthermore, pursuant to the contract between Public Accounting Firm (KAP) “C” and Pension Fund “ABC” dated July 1, 2023, Public Accountant (AP) “B” provided audit services on the annual historical financial information for the fiscal year 2023. In the report on the provision of services by KAP to the Counterparty for the period April 1, 2023, to March 31, 2024, KAP “C” filled in the “Year of AP Assignment” column on this form for the contract for audit services on annual historical financial information for the fiscal year 2023 with the number 3 (three) in accordance with the number of years AP “B” has been assigned to Pension Fund “ABC” since the fiscal year 2021.

Description
Filled with information regarding the position of audit team members in the assignment. For example, manager or associate.

IX. Form 04.01 – Summary of Contract Payment Receipts during the Reporting Period

A. Report Format

Account Code	Contracts in the Same Reporting Period	Contracts in the Previous Reporting Period	Total Contract Payment Receipts
0401001
0401002
0401003
0401004
0401005

B. Filling Guidelines

This form will be automatically filled in the system based on data reported in Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
In the event that the report is submitted offline, the filling guidelines are as follows:

a. Account Code

The first row is filled with code 0401001.
The second row is filled with code 0401002.
The third row is filled with code 0401003.
The fourth row is filled with code 0401004.
The fifth row is filled with code 0401005.

b. Contracts in the Same Reporting Period

The first row (account code 0401001) is filled with the sum of the Contract Payment Receipts column for the Contract Period column with code 1 – “Same Reporting Period” and the Quarter column with code 1 – “Quarter II” on Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
The second row (account code 0401002) is filled with the sum of the Contract Payment Receipts column for the Contract Period column with code 1 – “Same Reporting Period” and the Quarter column with code 2 – “Quarter III” on Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
The third row (account code 0401003) is filled with the sum of the Contract Payment Receipts column for the Contract Period column with code 1 – “Same Reporting Period” and the Quarter column with code 3 – “Quarter IV” on Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
The fourth row (account code 0401004) is filled with the sum of the Contract Payment Receipts column for the Contract Period column with code 1 – “Same Reporting Period” and the Quarter column with code 4 – “Quarter I” on Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
The fifth row (account code 0401005) is filled with the sum of the first row (account code 0401001), the second row (account code 0401002), the third row (account code 0401003), and the fourth row (account code 0401004).

c. Contracts in the Previous Reporting Period

The first row (account code 0401001) is filled with the sum of the Contract Payment Receipts column for the Contract Period column with code 2 – “Previous Reporting Period” and the Quarter column with code 1 – “Quarter II” on Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
The second row (account code 0401002) is filled with the sum of the Contract Payment Receipts column for the Contract Period column with code 2 – “Previous Reporting Period” and the Quarter column with code 2 – “Quarter III” on Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
The third row (account code 0401003) is filled with the sum of the Contract Payment Receipts column for the Contract Period column with code 2 – “Previous Reporting Period” and the Quarter column with code 3 – “Quarter IV” on Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
The fourth row (account code 0401004) is filled with the sum of the Contract Payment Receipts column for the Contract Period column with code 2 – “Previous Reporting Period” and the Quarter column with code 4 – “Quarter I” on Form 04.02 - Details of Contract Payment Receipts by KAP from the Counterparty.
The fifth row (account code 0401005) is filled with the sum of the first row (account code 0401001), the second row (account code 0401002), the third row (account code 0401003), and the fourth row (account code 0401004).

d. Total Contract Payment Receipts
Filled with the sum of the “Contracts in the Same Reporting Period” column and the “Contracts in the Previous Reporting Period” column.

X. Form 04.02 – Details of Contract Payment Receipts by KAP from the Counterparty

A. Report Format

Contract Number	Contract Period	Date of Contract Payment Receipt	Quarter	Total Contract Payment Receipts

B. Filling Guidelines

Contract Number
Filled with the number of the work agreement or contract between KAP and the Counterparty.
Contract Period
a. Filled with 1 (one) character according to the contract period code. b. Data filling reference:

No.	Contract Period	Code
1.	Same Reporting Period	1
2.	Previous Reporting Period	2

Same reporting period is the code for reporting payments for contracts signed during the reporting period.
Previous reporting period is the code for reporting payments for contracts signed before the reporting period.

Example:
KAP “A” has a contract with Bank “B” to audit historical financial information with a contract date of February 2, 2024. KAP “A” receives payment from Bank “B” for these services in 3 (three) installments, namely on February 3, 2024, August 15, 2025, and March 20, 2025. KAP “A” reports:

Payment on February 3, 2024, in the report on the provision of services by KAP to the Counterparty for the period April 1, 2023, to March 31, 2024, with code 1 – “Same Reporting Period”; and
Payments on August 15, 2024, and March 20, 2025, in the report on the provision of services by KAP to the Counterparty for the period April 1, 2024, to March 31, 2025, with code 2 – “Previous Reporting Period”.

Date of Contract Payment Receipt
a. Filled with the date KAP receives contract payment from the Counterparty for the services provided. b. Filled with 8 (eight) digits in yyyymmdd format.
Quarter
a. Filled with information regarding the quarter in which KAP receives contract payment from the Counterparty.
Example:
KAP “A” receives contract payment from Insurance Company “A” for audit services on annual historical financial information on November 5, 2023; this column is filled with code 3 - “Quarter IV”.

b. Filled with 1 (one) character according to the quarter code.
c. Data filling reference:

No.	Quarter	Code
1.	Quarter II	1
2.	Quarter III	2
3.	Quarter IV	3
4.	Quarter I	4

Total Contract Payment Receipts
a. Filled with the contract payment value received by KAP in full Rupiah units after deducting value-added tax and income tax. b. Filled with a maximum of 15 (fifteen) numeric characters.

This copy is consistent with the original

Legal Director 1
Legal Department ttd
Mufli Asmawidjaja

Form 8.
(City), (date, month, year)
Number:
Attachment:

To: Head of Relevant Supervision Department *) or Head of Regional Office or Head of the local Financial Services Authority Office according to the area where the head office of the bank is located

Subject: Incidental Report …..… (Counterparty Name)

Hereby it is reported that in the implementation of the provision of services …….. (type of services provided by AP and/or KAP to the Counterparty) to …….. (Counterparty Name) on the date ……… (date), we found matters that in our opinion must be reported to the Financial Services Authority, as follows:

………………………………………………………………………………………………..
……………………………………………………………………………………………..…

with supporting evidence attached.

For further information regarding these matters, please contact …….. (name) at the address of Public Accounting Firm ……… (KAP address) with telephone number ……… (telephone number).

Name of Public Accounting Firm
(………………………………..)

Name of Public Accountant

Note:
*) written according to the type of financial services sector institution Counterparty

Established in Jakarta on November 6, 2023

EXECUTIVE HEAD OF BANKING SUPERVISOR
FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA,
DIAN EDIANA RAE ttd

Procedures for the Use of Public Accountants and Public Accounting Firms in Financial Services Activities

Lineage: In force