OJK Rolls Out New Requirements on Business Plans for Digital Financial Asset Providers: First Mandatory Submissions Due by 30 November 2026

Back in 2024, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) established Regulation No. 27 of 2024 on the Implementation of Digital Financial Asset Trading, Including Crypto Assets, which was subsequently amended by Regulation of the OJK No. 23 of 2025 (collectively referred to as “Regulation 27/2024”). Among other requirements, Regulation 27/2024 obliges all providers of digital financial asset trading (“Providers”) to draw up realistic, measurable and sustainable business plans. In this regard, relevant Boards of Directors (“BoD”) and Boards of Commissioners (“BoC”) are required to draw up said plans by a deadline of 30 November prior to the commencement of the relevant business plan year.[1]