Indonesia's Financial Services Authority issues new bank transparency and report publication rules effective February 2026

Indonesia's Financial Services Authority (OJK) issued Regulation No. 18 of 2025 on Transparency and Publication of Bank Reports, updating the disclosure framework for banks to require more transparent, accurate, up-to-date and comparable publication of financial statements and other material information. The regulation obliges banks to prepare, announce and/or submit to the public and to OJK a set of publication reports covering financial statements and financial performance information, risk exposure and capital, material information or facts, the base lending rate, and other legally mandated disclosures (including sustainability reports, integrated governance reports for financial conglomerates, and financial statements of issuers and/or public companies). It also strengthens governance around reporting by requiring specified-level Chartered Accountant certification for financial statement preparers and by mandating oversight involvement from the board of directors, board of commissioners and, where applicable, the Sharia Supervisory Board; non-compliance may result in administrative sanctions, including monetary and non-monetary measures. The requirements apply to conventional commercial banks, Islamic commercial banks, Islamic banking units and branches of foreign-incorporated banks. The regulation takes effect six months after promulgation, in February 2026, and repeals OJK Regulation No. 37/POJK.03/2019, while existing implementing provisions remain applicable to the extent they do not conflict with the new rules.