Annual Report · Bilingual
Bilingual issuer reports: why English must equal Indonesian
Short answerFor issuers, SEOJK 16/2021 requires the English version of the annual report to equal the Indonesian, not a summary. The same substance must exist in both languages. This affects quality (term alignment), schedule (translation time), and the trust of global investors who rely on the English version.
What "equal" means
- The same substance in both languages, not a digest.
- Consistency of financial, legal, and governance terminology.
- Identical figures and tables; no information lost.
Practical implications
- Schedule, allocate translation and alignment time, not at the end.
- Quality, use a terminology glossary for consistency across editions.
- Trust, foreign investors read the English version; its quality reflects governance.
Treating the English version as a "final task" is a common source of delay and inconsistency. Plan bilingual from the start.
Frequently asked questions
Is the English version mandatory for issuers?
SEOJK 16/2021 requires equivalence between the Indonesian and English annual reports; the English version is not just a summary.
What's the risk if the English version is only a summary?
Beyond compliance, a summary creates unequal information for foreign investors and can lower trust.
How to keep terminology consistent?
Use a financial/legal/governance glossary and a full alignment pass before finalization.
When should translation start?
As early as possible, in parallel with production, so alignment doesn't pile up at the end.
Official sources
- SEOJK 16/SEOJK.04/2021 (equivalence of Indonesian and English annual reports).
- POJK 29/POJK.04/2016 (issuer annual report).
- POJK 8/POJK.04/2015 (issuer websites).
- Official references: OJK
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Compiled June 2026 from official sources. Regulations and practices evolve; verify the latest OJK/IDX/IAI/KNKG provisions before making decisions. This page is informational, not legal or accounting advice.