The Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) is currently completing work on Draft Regulation on the Amendment (“ Draft Amendment ”) to Regulation of the OJK No. 40 of 2024 on Information Technology-Based Joint Funding Services (“ Regulation 40/2024 ”). Previously, the Hukumonline team also analyzed Regulation 40/2024. [1]
Draft Amendment on Information Technology-Based Joint Funding Services: Providers Face Stronger Requirements on Credit Scoring, Fraud Detection and Business Exit Planning
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