ARMA Law’s Banking & Finance practice delivers expert legal solutions to financial institutions, corporations, and investors across diverse industries. With expertise in regulatory compliance, financial transactions, and capital markets, our team provides comprehensive guidance in navigating the complexities of Indonesia’s financial sector.
Our credentials include advising on:
Global and regional banks in navigating local regulatory frameworks.
Financial institutions and multinational firms in corporate restructuring, debt management, and IPO processes.
Corporate lending, project finance, and innovative financial instruments.
Capital market activities, supported by our lawyer who is a member of the Capital Market Legal Counsel Bar Association (HKHPM) and registered as a supporting professional at the Financial Services Authority (OJK).
Payment processors and credit insurance firms in expanding their operations while maintaining legal and operational compliance.
Non-performing loan management, cross-border financing, and investment compliance
ARMA Law is a trusted partner for businesses seeking robust, innovative, and compliant financial strategies.
Lead Partner
Related Updates
On 29 April 2026, the OJK issued OJK Regulation No. 5 of 2026, introducing significant reforms to the long-standing licensing and regulatory framework for Investment Managers. This ARMA Update highlights the key changes, particularly the introduction of a business activity-based licensing classification that aligns the Investment Manager licensing regime with that of other securities companies.
Indonesia’s securities industry is entering a new regulatory era with the enactment of OJK Regulation No. 3 of 2026. This update explores the regulation’s key reforms and the strategic considerations for securities companies as they navigate the new business classification framework, capitalization requirements, governance standards, and transition timelines.
The Financial Services Authority Regulation No. 1 of 2026 on the Utilization of Foreign Workers by Banks (“OJK Reg 1/2026”) introduces a more restrictive and structured framework for the employment of foreign workers (“TKA”) in the Indonesian banking sector, emphasizing tighter eligibility criteria, clearer role limitations, and stronger regulatory oversight. The regulation requires banks to integrate TKA utilization into their business plans, obtain prior OJK approval for key roles, and implement mandatory knowledge transfer programs to support domestic workforce development, while also imposing a maximum employment period of five years and enhanced reporting obligations to ensure ongoing supervision.
This Update provides an overview of financing service businesses recognised under the P2SK Law, including multifinance companies, venture capital companies, infrastructure finance companies, IT based peer to peer funding services, pawnshops, and other financing schemes regulated by OJK. It outlines their key activities, regulatory framework, and capital requirements within Indonesia’s financial sector.
The Supreme Court Regulation No. 4/2025: Procedural Framework for OJK’s Consumer-Protection Lawsuits
Indonesia’s Financial Services Authority (OJK) issued a draft regulation that formally allows OJK to represent and defend consumers in the financial sector through lawsuit
The Financial Services Authority issued OJK Regulation No. 39 of 2024 concerning Pawnshops, introducing updated rules to better regulate and support the industry’s evolving landscape.
OJK Regulation No. 31 of 2024 streamlines financial sector oversight by adopting a principle-based approach, consolidating previous rules, and reinforcing regulatory integrity in alignment with recent legislative reforms.
