Announcement
23 Dec 2016
On 23 December 2016, the Indonesian Financial Services Authority (OJK) issued regulation 73/POJK.05/2016 on Good Corporate Governance for Insurance Companies.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
28 Dec 2016
Revocation date:
No revocation date
Last action: 23 Dec 2016
Post-migration treatment
In force
Articles 6(5) and 19(5) of the OJK regulation introduce a requirement for all Boards of Directors and Boards of Commissioners of Indonesian insurance companies (i.e. the majority of shares belonging t...
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