| Full title | Peraturan Otoritas Jasa Keuangan Nomor 14 Tahun 2026 tentang Organisasi, Tata Kerja, dan Anggaran Badan Supervisi Otoritas Jasa Keuangan |
|---|---|
| Citation | POJK 14/2026 |
| Jurisdiction | Indonesia |
| Enacted by | Board of Commissioners of the Financial Services Authority |
| Signed | 15 September 2026 |
| Promulgated | 17 September 2026 |
| Effective | 17 September 2026 |
| Implements | Pasal 38A(8) of Undang-Undang 21/2011 on the Financial Services Authority, as last amended by Undang-Undang 4/2026 |
Peraturan Otoritas Jasa Keuangan 14/2026 (Peraturan Otoritas Jasa Keuangan Nomor 14 Tahun 2026 tentang Organisasi, Tata Kerja, dan Anggaran Badan Supervisi Otoritas Jasa Keuangan) is a regulation of Indonesia's Financial Services Authority (Otoritas Jasa Keuangan, OJK) on the organisation, work procedures and budget of the OJK Supervisory Board (Badan Supervisi Otoritas Jasa Keuangan), the body that assists the House of Representatives (Dewan Perwakilan Rakyat, DPR) in overseeing OJK as an institution. It was signed on 15 September 2026 by the Chair of the OJK Board of Commissioners and took effect on its promulgation on 17 September 2026.[1][2] It belongs to the body of rules described at financial sector regulation in Indonesia and to the oversight arrangements for state bodies described at public administration in Indonesia.
The regulation was issued to implement Pasal 38A ayat (8) of the OJK Law, Undang-Undang 21/2011, a provision inserted by the financial sector law, Undang-Undang 4/2023, which created the Supervisory Board and left its organisation, work procedures and budget to an OJK regulation made after consultation with the DPR.[3][4] It defines the board's function, tasks and powers, the limits of those powers, its membership and secretariat, a planning and reporting cycle tied to DPR approval, and the funding of the board from OJK's operational budget.[5][6]
The board's remit is confined to OJK's institutional side, which the regulation separates from OJK's policy on the regulation, supervision, examination and investigation of financial services. The board may not attend meetings of the OJK Board of Commissioners, speak for OJK, or disclose information about its tasks to the public.[5:1][7] CRPG's regulatory tracker published a summary of the regulation in October 2026.[8]
Undang-Undang 4/2023 inserted a new chapter, Bab IXA, into the OJK Law. Its Pasal 38A establishes the Supervisory Board, gives it the function of assisting the DPR in overseeing OJK in certain fields to improve the performance, accountability, independence, transparency and credibility of OJK as an institution, and sets out the board's tasks and powers; it also provides that the board's budget comes from OJK's operational budget.[4:1] Pasal 38B fixes the membership at no fewer than five, led by a chair chosen by and from the members, drawn from government, academia and the public, for a five-year term renewable once; Pasal 38C provides that members are selected and chosen by the DPR through a selection committee it forms.[4:2]
The general part of the elucidation of the 2026 regulation places the board in the context of the wider powers that Undang-Undang 4/2023 gave OJK, among them integrated supervision of financial conglomerates and the supervision of financial-sector cooperatives, digital-asset activities and financial-sector technological innovation. It describes the board as a strengthening of the checks and balances on OJK that accompanied those powers.[9] The preamble cites the OJK Law as last amended by Undang-Undang 4/2026, which amended Undang-Undang 4/2023 and was signed and promulgated on 17 June 2026.[3:1][10] The regulation has 21 articles in seven chapters.[1:1]
Pasal 1 describes the board as a body formed under Undang-Undang 4/2023 that is independent of OJK as an institution. It defines OJK's institutional side (Kelembagaan) as organisational support, resources, governance and the execution of the operational budget in support of OJK's objectives, and excludes from it the setting and execution of policy on the regulation, supervision, examination and investigation of financial-services activity.[5:2] Under Pasal 3 the board assists the DPR in its oversight of OJK; the elucidation identifies the DPR body concerned as the standing commission whose remit covers finance, banking and development planning.[11][12] Pasal 4 gives the board three tasks: preparing evaluation reports on OJK's institutional performance, monitoring to improve its accountability, independence, transparency and credibility, and preparing reports on the board's own performance.[11:1]
Pasal 5 ayat (1) lists eight powers. The board may request explanations on the governance of OJK's institutional tasks, receive copies of OJK's quarterly and annual institutional performance reports and its annual financial statements, review that governance and OJK's operational budget, request the documents it needs for those reviews, receive reports from the public and industry, and ask the OJK Board of Commissioners for explanations and responses to its reviews in a joint meeting. Pasal 5 ayat (2) excludes attending meetings of the Board of Commissioners, expressing opinions on behalf of OJK, and conveying information about the board's tasks to the public, directly or indirectly.[7:1] The same powers and limits appear in Pasal 38A of the OJK Law as inserted in 2023.[4:3]
The board has at least five members, consisting of a chair, who also sits as a member and is chosen by and from the members, and the other members; a deputy chair may be designated where needed. The chair leads and coordinates the members, and sets the procedure for electing the chair and deputy chair and the division of tasks among members (Pasal 6).[13] A secretariat gives technical and administrative support, and is regulated by an internal regulation of a member of the OJK Board of Commissioners (Pasal 7).[13:1]
Pasal 8 requires the board to apply the principles of good governance, under guidelines set by its chair, and to follow a code of ethics that the chair sets after consulting the DPR. Members are prohibited from having any direct or indirect conflict of interest with their tasks and powers; the elucidation states that this includes being a manager or owner of a financial services institution, directly or indirectly.[14]
Pasal 9 divides the board's work into planning, implementation, reporting, and monitoring and evaluation of its work plan and budget. Under Pasal 10 the board prepares a work plan and budget with a work programme and submits them to the DPR for approval; once approved, they go to the Chair of the OJK Board of Commissioners to become part of OJK's own work plan and budget. The board carries out the approved programme, reports its use of the budget to OJK, and notifies the Chair of the Board of Commissioners of changes to the programme (Pasal 11 and Pasal 12).[15]
Pasal 13 requires the board to prepare its evaluation reports on OJK and its own performance reports once every three months, or at any time when needed. Periodic reports go to the DPR within three months of the end of the reporting period, and the institutional evaluation report is copied to OJK.[16] For each activity in its programme the board prepares a realisation report stating at least the time and place, a description of the activity and its documentation, which may be submitted to the DPR (Pasal 14); it also monitors and evaluates its budget use and programme realisation (Pasal 15). Detailed work procedures are set by the chair after consulting the DPR (Pasal 16).[17]
The board's budget comes from OJK's operational budget, is managed by the board itself, is used in line with its work programme, and follows the procedures that apply within OJK (Pasal 17). Remuneration and facilities for members and other staff are set by decision of the OJK Board of Commissioners after DPR approval (Pasal 18).[6:1]
Under Pasal 19 the board may request data and information from OJK in writing, on the basis of its DPR-approved work plan. OJK meets a request according to the availability and readiness of the data, and the board must keep what it receives confidential in accordance with the law. Pasal 20 allows OJK to ask the board for input when drafting the internal regulations that the 2026 regulation delegates, which cover the secretariat, the planning procedure, budget reporting, budget management and requests for data.[18][13:2][15:1][6:2]
The regulation is one of several OJK instruments made in September 2026 under the financial sector law as amended by Undang-Undang 4/2026. Two days after it was signed, on 17 September 2026, the Chair of the OJK Board of Commissioners signed POJK 15/2026, on the phased transfer to OJK of the regulation and supervision of transactions on the mineral and strategic commodity exchange, and POJK 16/2026, on the operation of that exchange.[1:2][19][20]
K284 · Work URI /akn/id/act/pojk/2026/14 · RegVault POJK_14_2026[P] POJK 14/2026, Pasal 21 (in force on promulgation) and closing formula (Ditetapkan di Jakarta pada tanggal 15 September 2026, signed by the Chair of the OJK Board of Commissioners); Bab I to Bab VII. The held copy leaves the date of promulgation and the Lembaran Negara number blank. regulation_id POJK_14_2026. ↩︎ ↩︎ ↩︎
[P] Peraturan OJK No. 14 Tahun 2026, JDIH BPK: enacted 15 September 2026, promulgated and in force 17 September 2026. https://peraturan.bpk.go.id/Details/357475/peraturan-ojk-no-14-tahun-2026-organisasi-tata-kerja-dan-anggaran-badan-supervis ↩︎
[P] POJK 14/2026, preamble, Menimbang (implementing Pasal 38A ayat (8) of Undang-Undang Nomor 21 Tahun 2011 tentang Otoritas Jasa Keuangan as last amended by Undang-Undang Nomor 4 Tahun 2026 tentang Perubahan atas Undang-Undang Nomor 4 Tahun 2023 tentang Pengembangan dan Penguatan Sektor Keuangan) and Mengingat (LN 2011/111, TLN 5253; LN 2026/62, TLN 7180). regulation_id POJK_14_2026. ↩︎ ↩︎
[P] Undang-Undang Nomor 4 Tahun 2023 tentang Pengembangan dan Penguatan Sektor Keuangan, amendment of Undang-Undang Nomor 21 Tahun 2011 inserting Bab IXA (Badan Supervisi Otoritas Jasa Keuangan): Pasal 38A ayat (1) to (8), Pasal 38B ayat (1) to (3) and Pasal 38C ayat (1) and (4). regulation_id UU_4_2023. ↩︎ ↩︎ ↩︎ ↩︎
[P] POJK 14/2026, Pasal 1 angka 1 and 2, and Pasal 2. regulation_id POJK_14_2026. ↩︎ ↩︎ ↩︎
[P] POJK 14/2026, Pasal 17 ayat (1) to (5) and Pasal 18. regulation_id POJK_14_2026. ↩︎ ↩︎ ↩︎
[P] POJK 14/2026, Pasal 5 ayat (1) huruf a to h and ayat (2) huruf a to c. regulation_id POJK_14_2026. ↩︎ ↩︎
[E] "Organisation and Budget of the OJK Supervisory Board: POJK 14/2026", CRPG regulatory tracker, crpg.id, 21 October 2026. https://crpg.id/organisation-and-budget-of-the-ojk-supervisory-board-pojk-14-2026/ The post carries a notice that it is AI-generated; it is cited for the record of the development, not for its legal content. ↩︎
[P] POJK 14/2026, Penjelasan, I. Umum. regulation_id POJK_14_2026. ↩︎
[P] Undang-Undang Nomor 4 Tahun 2026 tentang Perubahan atas Undang-Undang Nomor 4 Tahun 2023 tentang Pengembangan dan Penguatan Sektor Keuangan, closing formula (Disahkan di Jakarta pada tanggal 17 Juni 2026; Diundangkan di Jakarta pada tanggal 17 Juni 2026; Lembaran Negara 2026 No. 62). regulation_id UU_4_2026. ↩︎
[P] POJK 14/2026, Pasal 3 and Pasal 4 huruf a to c. regulation_id POJK_14_2026. ↩︎ ↩︎
[P] POJK 14/2026, Penjelasan of Pasal 3. regulation_id POJK_14_2026. ↩︎
[P] POJK 14/2026, Pasal 6 ayat (1) to (5) and Pasal 7 ayat (1) to (3). regulation_id POJK_14_2026. ↩︎ ↩︎ ↩︎
[P] POJK 14/2026, Pasal 8 ayat (1) to (5), with the Penjelasan of Pasal 8 ayat (3). regulation_id POJK_14_2026. ↩︎
[P] POJK 14/2026, Pasal 9, Pasal 10 ayat (1) to (5), Pasal 11 ayat (1) to (3) and Pasal 12. regulation_id POJK_14_2026. ↩︎ ↩︎
[P] POJK 14/2026, Pasal 13 ayat (1) to (5). regulation_id POJK_14_2026. ↩︎
[P] POJK 14/2026, Pasal 14 ayat (1) to (3), Pasal 15 ayat (1) and (2) and Pasal 16. regulation_id POJK_14_2026. ↩︎
[P] POJK 14/2026, Pasal 19 ayat (1) to (5) and Pasal 20. regulation_id POJK_14_2026. ↩︎
[P] Peraturan Otoritas Jasa Keuangan Nomor 15 Tahun 2026, closing formula (Ditetapkan di Jakarta pada tanggal 17 September 2026). regulation_id POJK_15_2026. ↩︎
[P] Peraturan Otoritas Jasa Keuangan Nomor 16 Tahun 2026 tentang Penyelenggaraan Bursa Mineral dan Komoditas Strategis, closing formula (Ditetapkan di Jakarta pada tanggal 17 September 2026). regulation_id POJK_16_2026. ↩︎