SLIK 2026 Reporting Transformation: Accelerating Paid-Off Data Updates to Build a More Credible Credit Reporting System

For years, one of the biggest challenges in the Financial Information Services System (SLIK) has been the delay in updating data on fully paid credit or financing facilities. Many debtors are still recorded as having outstanding debts in SLIK's iDeb system even though they have already paid off, as updates are only made in the next monthly report.

Starting July 1, 2026 , this situation will undergo significant changes. The Financial Services Authority (OJK) issued Decree of the Board of Commissioners No. KEP-4/D.01/2026 as a strategic step to improve the quality of SLIK data, strengthen the national Credit Reporting System, and support economic development by increasing access to financing, particularly for the MSME sector.

Why is this policy necessary?

This policy was born from several primary needs.

First , increase the freshness of credit data so that the information used by the financial services industry truly reflects the actual condition of the debtor.

Second , reducing public complaints due to credit data that is still recorded as active even though obligations have been settled.

Third , building a more credible Credit Reporting System so that it can support the risk analysis process and granting credit more accurately.

In addition, better data quality is expected to support the expansion of national financing access, especially for micro, small, and medium enterprises (MSMEs).

Two Changes in the 2026 SLIK Policy

The OJK ADK Decree introduces two main changes.

1. No Longer Waiting for Monthly Reporting for Paid-In Reports

The biggest change is the obligation to accelerate reporting of paid-off conditions .

Previously, all credit status changes were generally reported during the monthly reporting cycle. With the new policy, if a facility experiences certain conditions, the reporter is required to submit an update no later than three business days (H+3) after the obligation is settled.

The seven conditions included in the acceleration of reporting are:

• Paid Off

• Paid off due to collateral takeover

• Paid off through court settlement

• Paid off with discount

• Paid off according to government policy

• Transferred or sold to another Reporter

• Transferred or sold to a Non-Reporting Party

These provisions shall come into effect on July 1, 2026 .

Illustration of Changes in the Reporting Process

Suppose a finance company has 10 active contracts .

On July 2 , one of the contracts was paid off by the debtor.

Before New Policy

The contract will remain active until the next monthly routine reporting is done.

As a result, for several weeks iDeb data did not reflect the actual conditions.

After the New Policy

Once payment is made, the company is required to send a payment report no later than H+3 working days .

Thus:

• facility status is updated more quickly,

• information on iDeb becomes more accurate,

• Debtors do not need to wait for monthly reporting to obtain updated data.

The reporting flow you attached also illustrates this mechanism, where regular reporting continues, but there is an additional payment reporting process on H+3 to accelerate data updating.

Not All Segments Use the H+3 Mechanism

An important thing that is often misunderstood is that the H+3 acceleration does not apply to all SLIK segments .

This policy only applies to credit or financing facilities , namely:

• F01

• F02

While the segments:

• F03

• F04

• F05

• F06

continue to follow the routine monthly reporting mechanism as previously stipulated.

Thus, the reporter must still run two reporting mechanisms simultaneously:

• H+3 acceleration reporting for certain conditions in F01 and F02;

• regular monthly reporting for all SLIK data.

2. Restrictions on Data Displayed on iDeb

In addition to accelerating reporting, the new policy also changes the information display mechanism on iDeb.

This change does not change the reporting obligations , but rather changes the data displayed to information users.

Starting July 1, 2026, debtor information will only be displayed if cumulatively per identity number they have:

• initial ceiling of more than IDR 1,000,000; and

• debit balance more than Rp1,000,000.

Reporters are still required to report all facilities in accordance with SLIK regulations, including those with very low values. The only changes are the information presentation mechanism on iDeb and the data that can be provided to LPIP.

Impact on Financial Services Institutions

Implementing this policy is not just a change in reporting schedule, but also requires operational adjustments.

Some areas that need to be prepared include:

• business process adjustments so that settlement can immediately produce H+3 reporting;

• readiness of the application system to generate reporting files outside the monthly cycle;

• monitoring of transactions that meet the seven acceleration conditions;

• improvement of SOPs and internal control mechanisms;

• socialization to operational units so that implementation runs consistently.

In addition, OJK also requires reporters to reinstall the latest versions of SLIK Client and iDeb Viewer before the policy implementation takes effect.

Implications for SLIK Reporting System Developers

For SLIK reporting solution providers and LJK internal IT teams, this change means that the application is no longer sufficient to only support monthly reporting, but the system must also have the following capabilities:

• accommodate reporting of settlements that meet the seven acceleration conditions;

• generate H+3 reporting files and also monthly reporting;

• maintain consistency between acceleration reporting and regular monthly reporting;

In other words, the implementation of this policy is not only a regulatory change, but also encourages the modernization of business processes and reporting systems across the financial services industry.

In relation to the above needs, Maleo SLIK has the capability to assist financial services institutions (LJK) in creating settlement reports and monthly reports in one system so that the consistency of the resulting data can be more assured.