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New Regulation on Pension Funds Governance

In a bid to establish a more effective and efficient management regime for pension funds, the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) has issued Regulation No. 15/POJK.05/2019 on Governance of Pension Funds (“ Regulation 15/2019 ”). [1] Previously, these same matters were addressed under Regulation of the OJK No. 16/POJK.05/2016 (“ Regulation 16/2016 ”). [2]

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