79-5 Financial Services Authority Circular Letter Number 30 /seojk.04/2016

Summary

An annual report serves as the BOD and BOC's accountability report as well as a source of information for investors hence the OJK intends to increase the quality and accessibility of the annual reports. To achieve this, the OJK provides several additional provisions for the preparation and submission of annual reports. Under the new rule, the OJK also sets administrative sanctions if listed and public companies fail to submit an annual report or breach the rule.

Thumbnail image for An annual report serves as the BOD and BOC's accountability report as well as a source of information for investors hence the OJK intends to increase the quality and accessibility of the annual reports. To achieve this, the OJK provides several additional provisions for the preparation and submission of annual reports. Under the new rule, the OJK also sets administrative sanctions if listed and public companies fail to submit an annual report or breach the rule.

Issuer

Indonesia

Year

2016

Region

Asia

Issuer (type)

Financial Services Authority (Otoritas Jasa Keuangan (OJK)) (Financial Regulator)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Main industries targeted

Finance & Insurance
Education
Professional, Scientific, & Technical Services
Manufacturing

Restrictiveness

Low

Sustainable Development Goals (SDGs)

SDG 4: Quality Education
SDG 5: Gender Equality
SDG 8: Decent Work and Economic Growth
SDG 10: Reduced Inequality
SDG 11: Sustainable Cities and Communities
SDG 14: Life Below Water
SDG 16: Peace, Justice, and Strong Institutions