OJK through the Decree of the Board of Commissioners of the Financial Services Authority number KEP-3/D.06/2026 dated January, 20th 2026, has revoked PT Varia Intra Finance business license, which its head office is located at Jalan KH. Moch. Mansyur Nomor 175B RT001 RW002, Duri Utara, Tambora, Jakarta Barat, 11270. The revocation of the business license takes effect from the Decree of the Board of Commissioners of the Financial Services Authority on the date of stipulation.
PT Varia Intra Finance is prohibited from carrying out business activities in finance sector and is obligated to settle rights and obligations in accordance with the applicable laws and regulations, among others:
Restricted from using the word “finance” or the word “sharia finance” for naming the company in accordance with the provisions of Article 6 in Article 4 Number 7 OJK Regulation Number 46 of 2024 regarding Development and Strengthening Licensing of Financing Companies, Infrastructure Financing Companies, and Capital Venture as amended by OJK Regulation Number 35 of 2025 regarding changes of OJK regulation Number 46 of 2024.
Provide clear information to Debtors, Creditors, and/or funders regarding the mechanism for settling rights and obligations.
Hold shareholders general meeting to decide on the dissolution of PT Varia Intra Finance legal entity and to form a Liquidation Team, no later than 30 (thirty) working days from the date of business license revocation.
Required to appoint a Person in Charge and Employees who serve as a Task Force and Service Center to serve the interest of Debtors and the Community until the Liquidation Team is formed. The Appointed Person in Charge and Employees must be submitted to all debtors and forwarded to OJK at the attention of the Directorate of Venture Capital and Financing Institution Supervision and the Directorate of Consumer Services, Complaint Inspection and Regional Market Conduct, Education and Consumer Protection Supervision.
