The meeting of OJK's Board of Commissioners on Thursday (Feb. 16) considered that Indonesia’s financial services sectors were currently stable and normal in the face of manageable risks.
Financial Services Authority regulations on Fintech—especially that on IT-based Lending Services—and on Pawnshops, are designed to provide the public with easy access to loans or funding.
The Financial Services Authority (OJK) and the Ombudsman of the Republic of Indonesia (ORI) have agreed on a memorandum of understanding (MoU) concerning coordination between both parties, especially in regard to provision of public services.
The second National Survey on Financial Literacy and Inclusion (SNLIK) that the Financial Services Authority (OJK) conducted in 2016 showed that the financial literacy and inclusion indices stood at 29.66 percent and 67.82 percent respectively.
The Financial Services Authority, in accordance with the mandate from Law No. 21 of 2011, has been making efforts to protect consumer interests and prevent them and the public from suffering losses from investment offers with dubious legality.
The OJK has undertaken special efforts to expedite the recovery of local banks and economies, in the aftermath of the natural disasters that hit Pidie Jaya Regency, Aceh, and the flash floods that struck Bima City, West Nusa Tenggara.
The Financial Services Authority (OJK) has directed banks that offer digital banking services to set up digital branches, which are offices or units that only provide and serve digital banking transactions.
The OJK hosted an information dissemination event on regulations about Consumer Education and Protection themed “Complaint Settlement and Services Mechanism towards Consumer Protection in Financial Services Sector” in Manado, North Sulawesi, on Tuesd...
The OJK has asked the financial services industry to contribute more to drive economic growth, boost consumer buying power and create income equality among the general public, in order to help the Government in its efforts to raise public welfare.
The OJK and the Investment Alert Task Force once again uncovered investment offers from six businesses, which had no license from any authorities and offered products that could make the public suffer financial losses.
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