OJK Finalizes New Regulations on Securities Companies and Investment Managers

The Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) continues to accelerate the strengthening of Indonesia’s capital market ecosystem through the refinement of governance and cross-sector risk management frameworks, as stipulated under OJK Regulation (“POJK”) No. 31 of 2025 on the Implementation of Governance of Stock Exchange, Clearing and Guarantee Institution, and Depository and Settlement Institution or Self-Regulatory Organizations (SRO) (“POJK 31/2025”).

“In the near future, the Draft POJK on Securities Companies Business Activities (Perusahaan Efek Kegiatan Usaha/“PEKU”) and Investment Managers Business Activities (Manajer Investasi Kegiatan Usaha/“MIKU”) will be issued,” stated Eddy Manindo Harahap, Deputy Commissioner for the Supervision of Capital Market Investment Management and Securities Institutions at OJK, to Hukumonline. 

This regulation will serve as a comprehensive guideline for corporate entities in conducting their operations amid competition among digital platforms. OJK also emphasized that every Financial Services Institution (Lembaga Jasa Keuangan/LJK) must possess early detection capabilities and rapid response mechanisms against cyberattacks in order to mitigate potential financial and reputational losses.