The ACMF convened its 38thACMF Chairs' Meeting today hosted by the Indonesia Financial Services Authority (Otoritas Jasa Keuangan/OJK). The meeting is in a hybrid format with the in-person meeting being held in Yogyakarta, Indonesia.
The Indonesian Financial Services Authority (OJK) believes that the closure of Silicon Valley Bank (SVB) by the US Federal Deposit Insurance Corporation (FDIC) on 10 March will not have a direct impact on Indonesia’s strong and stable banking industry.
OJK provides special treatment for financial services institutions and industry players in specific regions and/or sectors in Indonesia impacted by a Disaster.
On 27 January 2023, OJK Chairman, Mr. Mahendra Siregar, led OJK delegates during a meeting with Moody’s Investors Service as part of its annual assessment of Indonesia’s sovereign credit rating.
On 3rd-4th November 2022, OJK hosted the 23rd Integrated Financial Supervisors Conference (IFSC), a forum consisting of 18 regulators to explore efforts taken by countries to respond to challenges and new trends in the economic and financial landscape.