01.  Good Corporate Governance

 

PT LiuGong Finance Indonesia (“the Company”) is committed to implementing Good Corporate Governance (GCG) as the foundation of responsible, transparent, and sustainable business operations. The Company believes that effective governance strengthens stakeholder confidence, supports sound risk management, promotes regulatory compliance, and creates long-term value for customers, shareholders, employees, business partners, regulators, and the community.

The Company’s governance framework is implemented in accordance with POJK No. 48 of 2024 concerning Good Corporate Governance for Financing Companies, Venture Capital Companies, Microfinance Institutions, and Other Financial Services Institutions, as well as other applicable laws and regulations issued by the Financial Services Authority (OJK).

 

02.  GCG Principles (TARIF)

 

The Company consistently applies the following principles of Good Corporate Governance in all business activities:

• Transparency
  Providing accurate, timely, and accessible information while maintaining confidentiality in accordance with applicable regulations.
• Accountability
  Establishing clear governance structures, responsibilities, and decision-making processes to ensure effective management.
• Responsibility
  Conducting business prudently, ethically, and in full compliance with applicable laws and regulations.
• Independence
  Managing the Company objectively and professionally, free from conflicts of interest and undue influence.
• Fairness
  Treating all stakeholders fairly and equitably while respecting their rights and legitimate interests.
• GCG Implementation
  To ensure effective governance, the Company continuously strengthens its governance practices through:

•    A clear governance structure comprising the General Meeting of Shareholders, Board of Commissioners, Board of Directors, and supporting governance functions.

•    Effective implementation of risk management, compliance, and internal audit functions.

•    Strong internal control and anti-fraud framework.

•    Transparent disclosure of material information to stakeholders.

•    Management of conflicts of interest and implementation of the Company’s Code of Conduct.

•    Continuous monitoring, evaluation, and enhancement of governance practices in line with regulatory developments and industry best practices.

 

03.  Our Commitment

 

The Company remains committed to continuously improving its governance standards to support sustainable growth, maintain public trust, protect customers’ interests, and contribute positively to the development of Indonesia’s financial services industry.