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People who eventually get trapped in illegal fintech lending and online investments are not exclusively from the less educated demography, says OJK.
OJK says the existence of illegal fintechs and illegal investments have gone rampant amid the Covid-19 pandemic.
The chaos over the change of control of Bank Bukopin continues.
The Financial Services Authority (OJK) signed a Memorandum of Understanding (MoU) with the Monetary Authority of Brunei Darussalam (AMBD).
The Attorney General's Office (AGO) has yet to take action against other perpetratorsin the Asuransi Jiwasraya investment fund scandal.
The Financial Services Authority (OJK) targeted issuing regulations on digital banks before the end of the first semester of this year.
The government is preparing an incentive to lower the luxury tax goods for cars running on small engines of less than 1500 cc.
The Financial Services Authority or OJK said that credit demand would fall if the vaccination program progresses slowly.
President Joko "Jokowi" Widodo today, February 1, inaugurated state-owned sharia bank Bank Syariah Indonesia at the State Palace.
Jakarta Metro Police called on the public to adopt three tips to avoid the trap of investment fraud.
As of November 30, the total value of restructured loans related to the Covid-19 program had Rp951.2 trillion.
The rising trend in gold prices for the past year had also sparked the growing sales of gold in a number of e-commerce platforms such as Tokopedia.
The Financial Services Authority (OJK) recorded thousands of advertisements for financial institutions broke rules.
OJK on Tuesday hints that it might interfere with the legal feud between Maybank Indonesia and one of its customers.
The Financial Services Authority (OJK) chairman Wimboh said Rp904.3 trillion had been provided for the credit restructuring program as of Sept. 28.
OJK deputy commissioner said the economic recovery from the Covid-19 pandemic depends on the problem-solving in the health sector.
The Financial Services Authority or OJK predicted that Indonesian banks' profits by the end of the year will decline by 30 to 40 percent.
OJK board of commissioner leader asked the public to not believe in rumors suggesting the fall of the banking industry and rush money.
Bank Mayapada is preparing for a limited public offering to overcome a liquidity crunch. The oversight of the OJK is open to question.
OJK has officially blocked 2,591 illegal fintech lending platforms, mostly believed to be backed by international organized crime groups or mafias.