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OJK came under tight scrutiny in the midst of default and graft scandals that hit Asuransi Jiwasraya.
The OJK says it will provide new stimulus if the Wuhan coronavirus continues to impact the economy.
OJK plans to ease credit collectability among debtors whose businesses have been disrupted by the novel coronavirus.
The OJK released regulation No.43/2019 on the amendment of regulation No.73/2016 that governed good corporate management in insurance firms.
OJK deputy commissioner Anto Prabowo said his agency had no authority to comment on the assurance of the payment of Jiwasraya customers' claims.
Financial Services Authority (OJK) chief commissioner Wimboh Santoso announced that his agency has investigated 22 cases of financial services in 2019
The financial services authority (OJK) asks the public to be vigilant, and always check the list of legitimate online lenders registered with the OJK.
OJK officially asked the Indonesian Central Securities Depository to block roughly 800 securities accounts linked to the Jiwasraya scandal.
OJK's deputy commissioner said the number of suspended accounts linked to Jiwasraya case was subjected to raise as the investigation was still afoot.
The plan to dissolve the Financial Service Authority (OJK) will only reduce the confidence investors have in Indonesia, Indef said.
Attorney General S.T. Burhanuddin announced AGO will explore alleged involvement of Financial Services Authority (OJK) in the Jiwasraya default case.
OJK has suspended the permit of 37 investment managers in 2019 after it pushed to be more transparent and enforce stricter capital market rules.
The OJK will apply more stringent policy and supervision on non-bank financial institutions following the recent major losses suffered by Jiwasraya.
Bank Indonesia (BI), Financial Services Authority (OJK), and LPS agreed to integrate banking sector reporting
Investment Alert Task Force says only 127 fintech peer-to-peer lending services nationwide are registered under the Financial Service Authority (OJK).
OJK head Tongam L Tobing reminded electronic up to gold stores to not providing pawn service as it required a license from the authority.
The Financial Services Authority (OJK) reported 1,773 illegal fintech companies offering peer-to-peer lending services to the Police.
OJK said that moving the capital to Kalimantan will encourage equal distribution of investors.
The Financial Services Authority's (OJK) until early October discovered 133 fintech companies conducting illegal lending services.
On Monday, Oct. 14, the govt. has officially operated Palapa Ring following the completion of the project construction in the country's eastern part.