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P2P Lending: More Cash to Flush, More Requirements to Follow

Back in 2022, the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) issued Regulation (“ Regulation 10/2022 ”) on Information Technology-Based Joint Funding Services (Layanan Pendanaan bersama Berbasis Teknologi Informasi– “ P2P Lending ”). This framework was later partially revoked through the issuance of Regulation of the OJK on Consumer and Public Protection Within the Financial Services Sector. [1] Regulation 10/2022 was previously analyzed by Hukumonline’s legal research and analysis team in the following edition of Indonesian Legal Brief: “ .”

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