OJK Mulls Plans for Investor Data Transparency
27 February 2015 18:48 WIB
TEMPO.CO, Jakarta – Rahmat Waluyanto, deputy chairman of the board of commissioners at the Financial Services Authority (OJK), said the OJK was still mulling Financial Transaction Reports and Analysis Centre’s (PPATK) request for information about investors in Indonesia that conduct transaction through investment managers.
The OJK is currently assessing whether there are contradictions between PPATK’s request and the laws of the OJK, banking, capital market and PPATK. “Of course we support transparency, but we’re still considering the kind of support,” he said on Friday.
Explaining about information on investors in Indonesia who conduct transaction through investment managers, he said the PPATK had so far only received data about investment, and not to the extent of the owner of the capital managed by investor managers.
According to PPATK chief Muhammad Yusuf, there is an investment manager that manages funds up to Rp50 trillion, which has large tax potential. PPATK has been coordinating with OJK regarding its request and talks on possible revisions to the laws are still afoot.
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