Between May and August 2025, the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”) rolled out a series of regulatory frameworks for application across the banking and non-banking financial services sectors, particularly the insurance industry. However, these frameworks were characterized by specified grace periods that are/were applicable prior to their full enforcement, as summarized in the following table:
Reminder: Revised Procedures for Bank Publication Reports and New Health Insurance Product Criteria Now in Effect
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