Regulatory Framework and Key Points of Bullion Business Activities
Updated: Mar 11, 2025
Bullion business activities were first regulated under Law of the Republic of Indonesia
Number 4 of 2023 on The Development And Strengthening Of The Financial Sector (“Law
No. 4/2023”). Pursuant to Article 132 Law No. 4/2023, the Financial Services Authority
of the Republic of Indonesia (Otoritas Jasa Keuangan Republik Indonesia - “OJK”) is
mandated to regulate its implementation regulation. In compliance with this mandate,
OJK has issued the OJK Regulation Number 17 of 2024 on The Organization of Bullion
Business Activity (“POJK No. 17/2024”).
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