The Indonesian Financial Services Authority (OJK) has called for stronger collaboration among legal entities, including the public prosecutor's office and police, to tackle rising financial crimes. This announcement was made during a press conference in Surabaya, emphasizing the need for effective coordination to address the growing challenges in this sector.
The Indonesian Financial Services Authority (OJK) has announced an extension of the reporting compliance deadline for the Financial Information Services System (SLIK) for insurance companies from July 31, 2025, to December 31, 2027. This decision affects both public and Islamic insurance companies.
The Financial Services Authority of Indonesia (OJK) has urged citizens to verify official websites to avoid falling into the traps of online loans and illegal investments. This warning was issued during an Islamic economic forum in Bandung.
The Indonesian Financial Services Authority (OJK) has imposed fines totaling up to <strong>78.68 billion rupiah</strong> on <strong>68 entities</strong> due to manipulation and violations in the financial market. This initiative aims to enhance transparency and integrity within the markets.
Fawzi Amr, Vice Chairman of the Indonesian Parliament's Finance Committee, proposed making the formation of a selection committee for the Financial Services Authority (OJK) and the Deposit Insurance Corporation (LPS) optional in the amendment of the P2SK Law. This proposal aims to ensure leadership stability in the market amid current circumstances.
The Indonesian Financial Services Authority (OJK) has imposed fines totaling <strong>96.32 billion rupiah</strong> on <strong>233 entities</strong> for violations in the capital market, effective until <strong>March 31, 2026</strong>. This initiative aims to enhance transparency and discipline in Indonesia's financial market.