Indonesia Financial Services Authority issues amended rules simplifying administration and revising capital, digital financing and vehicle down payment requirements for finance, infrastructure finance and venture capital companies

The Indonesia Financial Services Authority (OJK) issued an amendment to its framework for developing and strengthening finance companies, infrastructure finance companies and venture capital companies, aiming to simplify administrative regulation and recalibrate key prudential and product rules to give firms greater flexibility while maintaining proportionality and effective risk management. Key changes include simplified mechanisms and documentation for ownership changes that do not alter the controlling shareholder, a shortened timeframe for issuing recommendations in the securities issuance listing process, and adjustments to motor vehicle down payment rules, including revised net non-performing financing and health requirements for companies that want to apply a minimum vehicle financing down payment of 0%. The regulation also adjusts core capital-to-paid-up capital ratios for certain working capital and multipurpose financing activities, relaxes requirements for digital financing services in investment financing by allowing non-face-to-face processes, revises transitional periods for meeting minimum equity and equity-to-paid-up capital ratios, updates rules on the transfer of financing risk, and seeks to facilitate financing even where debtor historical data exist while still prioritising risk management. The amendments took effect on 22 December 2025.