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The Financial Services Authority (OJK) held 2016 end-of-year press conference on Friday (Dec. 30). At the event, OJK Chairman Muliaman D. Hadad disclosed some of OJK's programs and achievements in 2016, as part of its efforts to support the financial services sector's stability and national economic growth and protect consumer interests.  

One of OJK's achievements is related to the regulations it has produced. The authority has issued 77 OJK regulations (POJK) and 53 OJK circular letters (SEOJK). Out of those 77 POJK, 26 of them regulate the banking sector, another 31 regulate the capital market, the other 18 regulate the non-bank financial industry, still another one regulates consumer education and protection, and the last one regulates information-technology-based lending services/Fintech lending.