Announcement
28 Dec 2016
On 28 December 2016, the Indonesian Financial Services Authority (OJK) issued regulation 69/POJK.05/2016 on the business organisation of insurance companies.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
12 Oct 2017
Revocation date:
No revocation date
Updated: 28 Dec 2016
Local operations requirement
In force
According to article 49(3) of the OJK regulation, all insurance companies shall keep their data in data centres and data recovery centres in the territory of Indonesia. The article specifies that this...
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