79-19 Number 2/POJK.05/2014 about Good Corporate Governance for Insurance Companies

Summary

The Financial Services Authority Regulation Number 2/POJK.05/2014 concerning Good Corporate Governance for Insurance Companies was made as an effort to strengthen the national insurance industry, by improving the quality of the implementation of good corporate governance for insurance companies.

Source

Issuer

Indonesia

Year

2014

Region

Asia

Issuer (type)

Financial Services Authority (Otoritas Jasa Keuangan (OJK)) (Financial Regulator)

Instrument type

Regulation

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

Restrictiveness
- Moderate 0.86%
Restrictions on business
- High 0.40%
ESG
- E focus: environment, conservation
- S focus: human rights, compensation
- G focus: audit, business ethics, corporate finance, financial report, financial reporting, internal control, risk management, accountability
Sustainable Development Goals
GRI standards
Main industries targeted
- Education, Finance, Management, Manufacturing, Professional services, Public administration, Transportation