Regulatory Alerts2025-12-19
Added · Updated
Procedures for the Use of Supporting Professions in the Financial Services Sector
This Regulation of the Board of Commissioners of the Financial Services Authority (OJK) establishes procedures for the use of supporting professions in the financial services sector, implementing OJK Regulation Number 5 of 2025. It details administrative management activities for registered supporting professions, including initial registration, adding or reducing the scope of service provision, applying for leave, notifying temporary inactivity, registering Notary Substitutes, reactivating status, changing data, and resigning. Supporting professions must possess a valid permit from their respective supervising authority and be be registered and active with the OJK to provide services. Specific additional documentation is required for Legal Consultants and Public Appraisers operating in the capital market, financial derivatives, and carbon exchange sectors. This regulation becomes effective on March 3, 2026.
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