Technical Guidelines Relating to Registration, Business Licensing and Organizational Structure for Pawnbroker Companies

As an implementation of Article 9 (9) and Article 12 (2) of Financial Services Authority (Otoritas Jasa Keuangan- “ OJK” ) Regulation No. 31/POJK.05/2016 on Pawnbroker Businesses (“ Regulation 31/2016 ”),^[1]the OJK has issued Circular No. 51/SEOJK.05/2017 on Registration, Business Licensing and Organizational Structure for Pawnbroker Companies (“ Circular 51/2017 ”).