The Organization of Conventional Pawnbrokers Business Activities

In order to set out further provisions on pawnbroker businesses, as already addressed under Financial Service Authority (Otoritas Jasa Keuangan- “ OJK ”) Regulation No. 31/POJK.05/2016 on Pawnbroker Businesses, ^[1] the OJK recently issued Circular No. 52/SEOJK.05/2017 on the Organization of Conventional Pawnbroker Business Companies (“ Circular 52/2017 ”).