Stronger Banking Governance In Indonesia
In an effort to strengthen the governance framework for commercial banks, Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) issued Circular Letter No. 14/SEOJK.03/2025 regarding the Implementation of Governance for Commercial Banks (“OJK CL 14/2025”) on June 24, 2025.
OJK CL 14/2025 supplements OJK Regulation No. 17 of 2023 regarding the Implementation of Sharia Governance for Commercial Banks (“OJK Reg. 17/2023”) and OJK Regulation No. 2 of 2024 regarding the Implementation of Sharia Governance for […]