Ahmad Fikri Assegaf

1 month ago | lexology.com | Ahmad Fikri Assegaf |Indira Yustikania |Ismail Muhammad

The Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) has issued OJK Regulation No. 40 of 2024 on Information Technology Based Collective Funding Services (“New Regulation”), bringing significant changes to the peer-to-peer ("P2P") lending landscape in Indonesia. Effective 27 December 2024, the New Regulation replaces OJK Regulation No. 10/POJK.05/2022 on Information Technology Based Collective Funding Services (“Previous Regulation”).