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Indonesia – Financial Sector Assessment Program : Technical Note - Insurance Regulation and Supervision (Inglés)

The Financial Services Authority (OJK) has made progress in updating its regulatory and supervisory frameworks since the last FSAP in 2017. The recently enacted Financial Sector Omnibus Law (FSOL) enhances the OJK’s institutional set-up, powers, insurance regulations and supervisory framework and sets out the requirement for a policyholder protection scheme to be developed and operationalized in the next five years. The OJK has developed supervision...
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