Jakarta, CNBC Indonesia- Chief Government of the OJK Insurance coverage, Assure & Pension Fund Supervisor, Ogi Pratomiyono, revealed that the OJK’s technique is to encourage the readiness of the insurance coverage business in implementing the Assertion of Monetary Accounting Requirements (PSAK) 74 which is able to come into impact in 2025.
OJK shaped a Wokring group tasked with getting ready steps to implement PSAK 74 which was adopted from IFRS 17 which has been applied by many three way partnership firms.
What’s OJK’s technique to encourage the implementation of PSAK 74? For additional particulars, see Andi Shalini’s dialogue with the Chief Government of the OJK Insurance coverage, Assure & Pension Fund Supervisor, Ogi Prastomiyono at Energy Lunch,CNBCIndonesia (Wednesday, 18/10/2023)