Jakarta, July 21, 2017 — The Task Force for Handling Alleged Unlawful Acts involving Public Funds Collection and Investment Management (the Investment Alert Task Force) will partner with six new Ministries/Agencies to reinforce its efforts to prevent and deal with rampant illegal investments.

The six new Ministries/Agencies are as follows:

1. Bank Indonesia;
2. The Ministry of Home Affairs of the Republic of Indonesia;
3. The Ministry of Religious Affairs of the Republic of Indonesia;
4. The Ministry of Education and Culture of the Republic of Indonesia;
5. The Ministry of Research, Technology and Higher Education of the Republic of Indonesia; and
6. The Financial Transaction Reports and Analysis Center.

While the Ministries/Agencies that have joined the Investment Alert Task Force are listed below:

1. The Financial Services Authority;
2. The Ministry of Trade of the Republic of Indonesia;
3. The Ministry of Communications and Information of the Republic of Indonesia;
4. The Ministry of Cooperatives and Small and Medium Enterprises of the Republic of Indonesia;
5. The Attorney General's Office of the Republic of Indonesia;
6. The National Police Force of the Republic of Indonesia; and
7. The Investment Coordinating Board.

These six additional Ministries/Agencies will strengthen the Task Force in providing public protection and reducing the number of illegal investment activities.

The decision to have more members joining the Investment Alert Task Force was established by Chairman of OJK's 2012 – 2017 Board of Commissioners Muliaman D Hadad in response to the more widespread offers to the public to take illegal investments, and as part of OJK's efforts to give more public protection.

The participation of these six additional Ministries/Agencies as Investment Alert Task Force members is highly relevant to their respective duties in preventing and addressing illegal investments.

In the matter of tackling illegal investments, the roles of Bank Indonesia, the Ministry of Religious Affairs of the Republic of Indonesia, and the Financial Transaction Reports and Analysis Center, are closely related to that of law enforcement force when they handle alleged fraud cases.

In terms of preventive aspects, the Ministries of Education and Culture, of Research, Technology and Higher Education, and of Home Affairs of the Republic of Indonesia, will carry out educational, information dissemination and coordinating activities.

Further, Investment Alert Task Force membership's expansion and reinforcement will be achieved through the signing of a memorandum of understanding on Coordination for Preventing and Handling Alleged Unlawful Acts involving Public Funds Collection and Investment Management by 13 (thirteen) Ministry/Agency chiefs, to mark their collective commitment to dealing with illegal investments

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For more information:

Hendrikus Ivo, Deputy Commissioner of Strategic Management 1C

Tel: +62 21 2960 0000, E-mail: hendrikus.ivo@ojk.go.id  www.ojk.go.id