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OJK Regulates Guarantee Institution

The Financial Services Authority (“OJK”) recently issued Regulation No. 5/POJK.05/2014 on Business License and Organizational Structure of Guarantee Institutions (“OJK 5/2014”) which serves to redefine the provisions of Minister of Finance (“MoF”)Regulation No. 222/PMK.010/2008 on Credit Guarantee and Credit Re-Guarantee Companies (“PMK 222/2008”) [1]

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