financial authority

Latest news and articles about financial authority from NEX English

Indonesia's Financial Authority Announces Measures Against MSCI Risks

The Indonesian Financial Services Authority (OJK) has announced its readiness to tackle risks associated with the adjustment of Indonesia's index weight by Morgan Stanley Capital International (MSCI). This initiative aims to enhance the stability of the local financial market.

Announce new licensing requirements for comprehensive banks in Indonesia

The Indonesian Financial Services Authority announced that banks' ability to manage human resources, technology, and risks will be crucial in granting licenses for 'comprehensive banks'. This was stated during a press conference in Jakarta.