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A New Future for Securities: OJK Set to Allow PPE and PED to Collaborate with Social Media Influencers for Promotional Purposes

The Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) has issued Regulation No. 13 of 2025 (“ Regulation 13/2025 ”) on the Internal Control and Conduct of Securities Companies That Engage in Business Activities as Securities Underwriters (Penjamin Emisi Efek– “ PEE ”) and Securities Brokers (Perantara Pedagang Efek– “ PPE ”), which is set to come into force on 11 December 2025. [1]

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