Rule · OJK · 24 Jul 2014 · 11/SEOJK.04/2014
This circular establishes that if a capital market actor's reporting or public announcement deadline falls on a national or OJK-designated holiday, the submission must be made on the preceding or following working day as specified by existing laws. Where specific laws do not define the deadline relative to the holiday, reports and announcements must be submitted no later than one working day after the holiday ends. These rules apply to all capital market actors subject to periodic or incidental reporting obligations to the Financial Services Authority.
To:
Capital Market Actors
At Location.
COPY
CIRCULAR LETTER OF THE FINANCIAL SERVICES AUTHORITY NUMBER 11/SEOJK.04/2014
REGARDING
THE OBLIGATION TO SUBMIT REPORTS TO THE FINANCIAL SERVICES AUTHORITY AND PUBLIC ANNOUNCEMENTS BY CAPITAL MARKET ACTORS WHOSE DEADLINES FALL ON HOLIDAYS
In relation to the obligation of Capital Market Actors to submit reports to the Financial Services Authority, in accordance with legislation in the Capital Market sector, it is necessary to regulate provisions regarding the obligation of Capital Market Actors to submit reports to the Financial Services Authority where the submission deadline falls on a Holiday, as set forth in this Financial Services Authority Circular:
I. GENERAL PROVISIONS
a. The Financial Services Authority, hereinafter abbreviated as OJK, is an independent agency free from the interference of other parties, which has the functions, duties, and authority for regulation, supervision, examination, and investigation, as referred to in Law Number 21 of 2011 concerning the Financial Services Authority.
b. Holiday means a national holiday or a holiday designated by the OJK.
II. SUBMISSION OF REPORTS BY CAPITAL MARKET ACTORS TO THE OJK
a. Based on legislation in the Capital Market sector, it is regulated that Capital Market Actors have the obligation to submit reports to the OJK, both periodically and incidentally, with respective final deadlines for submission.
b. The final deadline for the submission of reports by Capital Market Actors to the OJK may fall on a Holiday.
c. If the final deadline for the submission of reports under legislation in the Capital Market sector falls on a Holiday and the final deadline for submission is already regulated, such reports must be submitted to the OJK no later than 1 (one) working day before the Holiday or on 1 (one) working day after the Holiday, in accordance with the legislation in the Capital Market sector governing the reporting obligation concerned.
-2-
d. If the final deadline for the submission of reports under legislation in the Capital Market sector falls on a Holiday and the final deadline for submission is not regulated, i.e., on 1 (one) working day before the Holiday or on 1 (one) working day after the Holiday, such reports must be submitted to the OJK no later than 1 (one) working day after such Holiday.
III. PUBLIC ANNOUNCEMENT OF INFORMATION DISCLOSURE BY CAPITAL MARKET ACTORS TO THE PUBLIC
a. If the final deadline for the obligation to announce information disclosure to the public under legislation in the Capital Market sector falls on a Holiday and the final deadline for such announcement is already regulated, such announcement must be made no later than 1 (one) working day before the Holiday or on 1 (one) working day after the Holiday, in accordance with the regulations related to the announcement obligation concerned.
b. If the final deadline for the obligation to announce information disclosure to the public under legislation in the Capital Market sector falls on a Holiday and the final deadline for such announcement is not regulated, i.e., on 1 (one) working day before the Holiday or on 1 (one) working day after the Holiday, such announcement must be made no later than 1 (one) working day after such Holiday.
IV. CLOSING
The provisions in this OJK Circular shall take effect on the date of establishment.
To ensure that everyone is aware, this OJK Circular is ordered to be announced by its placement in the State Gazette of the Republic of Indonesia.
Established in Jakarta
On 24 July 2014
EXECUTIVE HEAD
MARKET SUPERVISOR,
Signed,
NURHAIDA
STATE GAZETTE OF THE REPUBLIC OF INDONESIA NUMBER 67 DATED 22 AUGUST 2014
A copy consistent with the original
Legal Director 1
Legal Department,
Signed,
Tini Kustini
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
“as referred to in Law Number 21 of 2011 concerning the Financial Services Authority.”
More like this from OJK
We email you every new OJK publication the day it's published.
Source: Otoritas Jasa Keuangan (Financial Services Authority) — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added