In order to improve the accountability and supervision of Non-Bank Financial Service Institutions (Lembaga Jasa Keuangan Nonbank– “ LJKNB ”) as regards their business operations, the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) recently issued Regulation No. 24/POJK.05/2019 on Business Plans for Non-Bank Financial Service Institutions (“ Regulation 24/2019 ”). [1]
Provisions on LJKNB Business Plans Codified
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