OJK Requires Digital Asset Platforms to Submit Annual Business Plans

JAKARTA, Investortrust.id — Financial Services Authority or OJK requires all digital financial asset trading platforms to submit annual business plans under a new circular issued on Saturday, Feb 7, 2026 in Jakarta to strengthen prudential standards and ensure structured, measurable growth, a move expected to enhance industry governance and financial stability.

The requirement is stipulated in Circular Letter No. 34/SEOJK.07/2025 on Business Plans for Digital Financial Asset Trading Platforms, issued as a follow-up to OJK Regulation No. 27 of 2024 as amended by OJK Regulation No. 23 of 2025.

Head of OJK’s Department of Financial Literacy, Inclusion, and Communication M. Ismail Riyadi said the regulation applied to all digital financial asset trading organizers, including exchanges, clearing and settlement institutions, custodians, traders, and other parties designated by OJK.

“The business plan must at least include annual business targets, strategies to achieve those targets, and financial projections,” Ismail said in an official statement on Saturday.

He added that traders were also required to detail products and services offered, target number of customers, and projected trading value and volume in their annual plans.

Beyond the business plan obligation, the circular also mandates the submission of business plan realization reports outlining performance achievements, follow-up actions, and selected financial information.

The first submission deadline for annual business plans is set for Nov 30, 2026, while the first realization report must be submitted after the end of the first quarter of 2027.

Ismail said the policy complemented the issuance of OJK Regulation No. 30 of 2025 on Governance and Risk Management for Financial Sector Technology Innovation organizers, which aims to reinforce governance, risk management, and business planning across the digital finance sector.

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“Through OJK Regulation 30 of 2025 and Circular Letter 34/SEOJK.07/2025, OJK affirms its commitment to strengthening governance, risk management, and business planning in digital finance to support healthy, high-integrity industry growth that contributes to financial system stability and national financial inclusion,” Ismail said.

He noted that OJK continued to strengthen the foundations of the Financial Sector Technology Innovation industry and digital financial assets in response to rapid technological adoption in Indonesia’s financial system.

OJK Regulation No. 30 of 2025 was issued pursuant to Law No. 4 of 2023 on Financial Sector Development and Strengthening, which emphasized the need for robust governance and risk management in technology-based financial services.

The regulation addresses rising business model complexity and associated risks, including strategic, operational, cyber, legal, compliance, and reputational risks, which require a more comprehensive and integrated regulatory framework.

“POJK 30 of 2025 applies to ITSK organizers that have obtained business licenses from OJK, including alternative credit rating agencies and financial service aggregation providers,” Ismail said.

The regulation also requires ITSK organizers to appoint at least two directors and sets rules on the number and roles of commissioners based on business scale and complexity.

In terms of risk management, the regulation emphasizes comprehensive risk oversight, covering active supervision by directors and commissioners, adequate policies and procedures, risk identification, measurement, control, and monitoring, as well as supporting management information systems and internal controls.

“ITSK organizers must manage key risks, including strategic, operational, cyber, legal, compliance, and reputational risks,” Ismail said.

As part of enhanced transparency and supervision, the regulation obliges ITSK organizers to submit annual good governance implementation reports and semiannual risk profile reports.

These reporting requirements serve as supervisory instruments for OJK to ensure governance and risk management are implemented consistently and sustainably.

OJK Regulation No. 30 of 2025 will take effect on July 1, 2026, with transitional provisions allowing sufficient adjustment time for industry participants.